Buy vs. Rent

Buy vs. Rent

I’m sure we’ve all heard, “the American Dream is to purchase a home”. Many agree! However, is that your dream? Would you rather buy or rent a property? The answer lies within you. I mean, ultimately, it’s your choice whether to buy or rent.

I recently sat back and took a long look at the pros and cons of buying a home versus renting a property. I must say, I found a lot of benefits on both sides of the spectrum. Let’s see, some of the benefits of purchasing a property are stability and wealth building opportunities, tax deductions, credit building, nest egg for the future and long-term savings.  Now when it comes to renting, I found that the benefits included not having to worry about repairs and maintenance, flexibility, minimal responsibility, no property tax and HOA fees. However, I concluded that “owning isn’t universally better than renting, nor is renting always simpler than owning”. 

To buy or rent should be a calculated decision made by responsible adults. When the opportunity arises, make sure to sit back, like I did and contemplate on your benefits. Ask yourself, should I buy or rent?

Weichert, Realtors ®- Stateland Brown would like to handle all your purchasing, selling and renting needs. We are a full service Residential Real Estate brokerage firm with offices located in Delray Beach and Boca Raton, FL. We specialize in Single Family homes, Condos, Townhouse/Villas and Co-Ops. Whether you're looking for a home with a pool, waterfront or perhaps in a country club community, the best company to reach out to, is Weichert, Realtors ®- Stateland Brown.

Our agents are highly qualified, knowledgeable, diligent and persistent individuals. Each agent has been trained to accomplish 100% satisfaction. They will diligently guide you through the entire process.

Our Managing Broker and owner of Weichert, Realtors ®- Stateland Brown LLC., Daniel Statlander, has over 19 years of experience in buying, renting and selling real estate. If you’re a license agent in search of a well-balanced and productive office to hang your license, please give the office a call at 561-245-8722. For more information, please visit www.statelandbrown.com.

 

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