Buying

• Provides substantial tax breaks for homeowners
• Builds equity to use towards future home upgrades
• Can create a rental income in the future
• Monthly payment is locked in
• Unlimited decorative freedom
• You build your own wealth

Renting

• No maintenance costs
• Little decorative freedom towards your space
• No equity built. Rent money is lost
• No tax benefits
• Rent can increase
• Monthly payment is likely to increase
• You build your landlords wealth

 

Now that's all said and done with. Sometimes buying/ renting a home isn't the best decision for everyone. However, the best way to find out is by starting a conversation with an agent! No need to commit when starting out. Once and ONLY when you gain your agents' trust should you commit to sticking with them. Once you establish that relationship please know that a #WIRE agent is always looking out for their client's best interest.