Break lease advice for renters
It's important to understand the proper way to break your leaseREAD MORE
Are you thinking about buying your first home? Ever thought that maybe the money you spend on rent could be going towards a property that you are in control of? While buying a home can be seen as ‘the dream’, before getting caught up in this vision you need to assess whether you can afford it, if you actually want to buy, and if it is the right step into the future for you.
It is important to know that you are buying your first home for the right reasons, and not just because of the pressures of society.
Buying property can be a fantastic life achievement. It can give you long term stability and is an asset to your future. However, there is also great value in renting, and should not be seen as ‘throwing away your money’. Paying rent gives you a place to live, and you don’t have to worry about all the extra payments that owning a property entails.
There are various aspects to consider when trying to decide whether buying or renting is the best fit for you. Here are just a few:
Buying your first home is not something to rush into, however is a great asset to consider. It is important to determine whether you are truly ready and able to be responsible for the cost and liability it entails.
It is also important to remember that there is nothing wrong with wanting to rent. Although you do not own your home, this gives you the freedom you may not have as a homeowner. Take the time to consider all options and determine whether renting or buying is right for you.
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