Buying VS Renting

Dated: 02/11/2017

Views: 511

Weighing the options of renting vs buying? Here are some pros and cons of both!



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Home For Rent

$1500 a month

Down Payment

$3500 (first and last months rent + $500 deposit)

Small initial payment with refundable deposit.

Might not get deposit back at end of lease.

Variable VS Fixed

Rent can be increased at end of lease.

You have option to move if rent increases.

Customization

Renters are not allowed to do any major renovations.

Flexibility VS Stability

A landlord could decide on short notice to stop renting to a tenant. Tenants are at mercy to their landlord.

Bottom Line

Every time you pay a mortgage payment you are ultimately paying someone else's mortgage.



Home For Sale

$1300 a month

About $250,000

Down Payment

$12500 (5% downpayment, can go as low as 3.5%, and there are down payment assistance programs as well).

That is $12500 closer to paying off your loan.

Variable VS Fixed

Monthly payments stay the same throughout the loan.

Customization

Home owners can imporve, renovate, and remodel to increave value and make it your own.

Flexibility VS Stability

Home owners know they have a place to live in.

Bottom Line

Every time you pay a mortgage payment you own a little bit more and build your equity.


Many people are often intimidated when it comes to buying a home. The reality is it can often be less expensive on a month basis and will end up building long term equity. Most homeowners agree that their investment in their home is one of the best investments they've made!

To start you home search now: Click Here!




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As an agent with EXIT Realty Cherry Creek, Sage specializes in helping buyers, sellers, and investors 

with real estate transactions in AuroraParkerLittletonLakewood and all around the Denver Metro 

area. Sage understands the hassle and pressure involved with real estate and can help you with the

information you need to make the best decisions! Sage is passionate about the needs and goals of her 

clients and aspire to make sure they are pleased and happy throughout the entire buying and/or selling

process. Whether relocating in the city or out-of-state, Sage will help guide you through with the utmost

care and knowledge!  Please give me call today, I look forward to helping you!eNewsletter Sign Up


Sage Liberski

Call/Text: 303-888-4855

Email: Sage@EXITRealtyCherryCreek.com

Website: SageSellsRealEstate.com


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Sage Liberski

As an agent with EXIT Realty Cherry Creek, Sage specializes in helping buyers, sellers, and investors with real estate transactions in Aurora, Parker, Littleton, Lakewood and all around the Denver Met....

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