Do you desire to payyourself, or a landlord? While, perhaps, in an alternate reality, we might be able, to answer this simply, however, there are scenarios, considerations, and so on, which might make this, somewhat complex, and/ or, complicated! With that in mind, this guide will try to, briefly, consider, examine, review, and discuss, both, the advantages of owning, a home, of one’s own, however, also, certain times, and conditions, when, renting, could be, in somebody’s, personal, self – interest.
1. When leasing makes the most sense? : For some, owning is only a fantasy, since they, either, do not have good – enoughcredit, and/ or, the savings, and funds, needed, to be eligible, and/ or have the down – payment. This may be a short – term scenario, or a longer – term, one, and it is wise, for someone, to constantly, proceed, with a customized strategy, and focus, on their plan, into the future. Others are better served, by renting, because, they are new, to the area, and are not sure, where they would like to live, etc.. Others fear the responsibilities and requirements, of home possession, such as, maintenance, repairs, and unanticipated expenses, etc.. Before buying a home, a wise, qualified, potential home buyer, must understand his personal needs, fears, and if, he is prepared to expand the limits of his self – enforced, comfort zone!
2. Benefits of purchasing: Making the choice, to purchase a home, is among the most important ones, we create. Instead of proceeding, in a haphazard way, it’s necessary to strategicallyprepare, using a well – formulated, personal strategy! Are you ready to be a homeowner? Will you check your credit file, and make the optimal alterations / repairs, to improve your potential, to be eligible for a mortgage? When you lease, you pay your landlord, but, when you have, you build significant equity, for your own, best interests!
Buying, versus renting, is a substantial personal decision, and actions! Will you create a meaningful, quality choice, which functions your self – interest, etc?