{"id":1990,"date":"2020-03-01T00:03:46","date_gmt":"2020-03-01T04:03:46","guid":{"rendered":"https:\/\/www.beingbobblog.com\/?p=1990"},"modified":"2020-06-12T09:03:02","modified_gmt":"2020-06-12T13:03:02","slug":"renting-vs-buying-where-do-you-land","status":"publish","type":"post","link":"https:\/\/beingbobblog.com\/happy-holidays\/renting-vs-buying-where-do-you-land\/","title":{"rendered":"Renting vs. buying: Where do you land?"},"content":{"rendered":"\n
\"article-content\"\/<\/figure><\/div>\n\n\n\n

You\u2019ve always been told that owning a home is the ultimate American dream. <\/p>\n\n\n\n

Imagine renovating your master bath into a mini spa or choosing \nyour favorite appliances for your dream kitchen. Or just getting to \nrepaint whatever room you want. Plus, there\u2019s the potential for \nfinancial gain when you own.<\/p>\n\n\n\n

But renting has its own advantages: flexibility, a smaller financial commitment and the chance to try before you buy.<\/p>\n\n\n\n

So when do you know it\u2019s time to take the plunge on a purchase? \nAnswer these questions to see which side of the rent vs. buy debate you \nmight land on:<\/p>\n\n\n\n

Why do you want to buy?
<\/strong>Sure, owning a home might be the great American dream \u00e2\u20ac\u201d but is it your dream?<\/p>\n\n\n\n

For some, the idea of a home where you can raise a family, be close to schools and build a community is enticing. For others, buying is a great investment. But for many, it\u2019s about freedom: the ability to keep pets, renovate and be independent.<\/p>\n\n\n\n

Will you stay in the area?
<\/strong>No one has a crystal ball \u00e2\u20ac\u201d but knowing how long you plan to live in an area can help as you consider the pros and cons<\/a> of buying. Generally, longer stays align with purchasing.\u00c2\u00a0<\/p>\n\n\n\n

If the thought of travel fills you with more passion than the idea \nof settling down in your dream property, you may not be ready for your \nforever home. But there\u2019s always the possibility of turning your house \ninto an investment property. <\/p>\n\n\n\n

What can you afford?
<\/strong>While renting usually costs less in the short term than purchasing property, owning a home can build long-term net worth. A rent vs. buy calculator<\/a> can help you understand the costs of each option.<\/p>\n\n\n\n

Don\u2019t have the deposit for your dream home now? That doesn\u2019t mean \nyou can\u2019t buy. We can work together to find affordable homes, and there \nare plenty of low or no down payment mortgage options.<\/p>\n\n\n\n

Have questions about buying or financing your purchase? Let\u2019s discuss your next steps.\u00c2\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You\u2019ve always been told that owning a home is the<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,976,13,6],"tags":[],"class_list":["post-1990","post","type-post","status-publish","format-standard","hentry","category-all-posts-comments","category-life","category-listings","category-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","chromenews-featured":"","chromenews-large":"","chromenews-medium":""},"author_info":{"display_name":"Being BOB","author_link":"https:\/\/beingbobblog.com\/happy-holidays\/author\/admin\/"},"category_info":"All Posts & Comments<\/a> Life<\/a> Listings<\/a> Real Estate<\/a>","tag_info":"Real Estate","comment_count":"0","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p822aG-w6","_links":{"self":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts\/1990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/comments?post=1990"}],"version-history":[{"count":0,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts\/1990\/revisions"}],"wp:attachment":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/media?parent=1990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/categories?post=1990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/tags?post=1990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}