2:16 AM
REALITY HOMES INC
House rent is definitely one of the largest expense of every household. The decision to rent or to buy a condo or a house has a long range financial repercussions. There are factors to be consider before making this decision.
How long do you plan to stay in the area where you live? If you will only be there for less than 5 years, you would probably be better off renting.
How much money do you have to put down on a house? How much money will you have left in savings after the down payment? If making your down payment depletes your savings so much that you do not have enough money to handle household emergencies, you might be better off renting until you have built up your savings.
Do you foresee wanting to remodel your home? If you want to be able to alter your home any way you wish, you would be better off buying a house than a condominium.
Are you handy? Are you willing and able to fix things around the house? If not, do you have enough money to pay a competent repairman to do these tasks?
Whether you decide to rent or buy, consider your lifestyle, current finances, and financial goals. Careful reflection on these issues will lead you to make the best decision for you and for your family.
For a no obligation consultation, contact Reality Homes Inc. Our staff are professionally trained to handle any queries with real integrity to ensure you are completely satisfied.
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2 comments:
This will be the guide of those still undecided whether to rent or buy a house. There are people who can help with kind of dilemma like RentinMakati.
For almost 7 years we are renting a homes here in Philippines and now my brother decided to buy a townhouse. On my opinion, renting is not too bad but you can't do anything if the owner wants you to get out of their apartment so you can find another one, so it is better to buy your own home than renting. Thanks for sharing those details it can help a lot.
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