Do you know the cost of Renting Vs. Buying?

Real Estate

Do you know the cost of Renting Vs. Buying?

Buying a home generally costs less than renting and can be a smart move because you a paying a mortgage either way. In today's market the percentage of your income needed to rent is 30% while the percentage of income needed to buy is about 15%.

With historically low interest rates make now a great time to purchase a home. To learn more about the home buying process you can read more articles here or I can help answer any questions you may have. 

 

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