Consider the top five reasons to buy versus rent:
#5 Experience Freedom: Home ownership will free you from the ties that bind you to a landlord...no longer will you be dependent on someone else’s schedule to change or fix things in your home.
#1 Save money every month: Compare $1500/month rent to a $1345/month mortgage payment on a $300,000 home with 5% down. That’s a savings of $155 each and every month!* based on 25 year amortization, 5 year term at 2.69%
This article is written by or on behalf of an outsourced columnist and does not necessarily reflect the views of Castanet.