Should You Buy Or Rent

Should You Buy Or Rent

Have you considered whether or not you should buy or rent your home?  There are many pros and cons to weigh.  Even though owning a home is a big responsibility, many people want to own a home - they want "the American dream". 

To compare homes for rent about $1000 per month click here.   Click here for homes for sale about $200,000 with a payment of about $1000 per month.

There are many benefits of owning a home, including tax benefits and building an investment through equity in your home.  Owning a home is possibly the number one way to build wealth for families.  However, you should be aware that the financial responsibilities, including real estate taxes, homeowners' insurance, and maintenance can be significant.

The advantages of renting include the flexibility to move, and the freedom from most maintenance costs.  However, you face rent increases and the ability to decorate without the landlord's permission.

When Trulia compared the monthly costs of owning and renting, they concluded, that on the average, the long term benefits of purchasing a home are greater than renting a home.  Owning your own home is also a source of pride and security. 

When considering purchasing or renting, consider whether or not you want to spend several years in the house.  Do you enjoy lawn and garden work?  Do you want to keep your assets easily attainable, or to you want to invest long-term in a home?

For more information on buying or renting, please e-mail Holly Westergaard at or call or text at 540-729-9333.


Holly Westergaard Headshot
Phone: 540-729-9333
Dated: November 6th 2016
Views: 411
About Holly: Hello, I am Holly Westergaard, and I specialize in helping buyers and sellers in the Culpeper, Warre...

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609 S. Main St.
Culpeper, VA