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To Rent or Buy? Consider Your Housing Decision Carefully

Renting vs. buying is a crucial housing decision. Renting suits movers, those low on cash, or uninterested in maintenance; Buying suits stability-seekers, remodelers, financially secure individuals. Personal situations dictate advantages of owning vs. renting. Deliberate on your preferences and long-term goals to make an informed choice.

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To Rent or Buy? Consider Your Housing Decision Carefully

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  1. Module 1.5

  2. To Rent or Buy? Renting makes sense if you… Move frequently or suddenly Need to determine long-term desirability Are low on cash Don’t have time/desire/funds for maintenance/improvements Don’t want to risk loss of equity Don’t need/want tax advantages Don’t want to be a landlord Buying makes sense if you… • Have money for the larger initial investment • Are ready for stability • Desire a sense of community • Can financially support two homes • Like to remodel/fix/personalize • Can financially manage fluctuating expenses Advantages of owning vs renting are different for everyone! Consider these important personal situations along with your long-term goals before you decide..

  3. To Rent or Buy?

  4. To Rent or Buy?

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