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Buying vs. Renting

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It’s never an easy decision deciding between renting or buying a home and depending on your lifestyle and income, either choice may be better for you at a certain point in your life. A lot of thought goes into a decision like this, and we want to show you that it’s now easier than ever to make that choice. 
 
Renting can certainly be better for those who don’t want to stay in one place for too long or maybe plan to move in the future. One mistake many people make is thinking that renting is cheaper or more affordable when in some cases, the cost of buying is quite comparable and often even better! When you pay rent, you’re already making a monthly housing payment – you could use that money to pay a mortgage instead and help build equity for yourself and your family!
 
You will not only have a home to call your own, but instead of giving your money to a landlord, your payments help build equity that you can get back if you ever choose to sell your home. Buying a home also provides several other financial benefits, such as:
 
Mortgage payments put an end to rising rent
Fixed and variable mortgage rates that flexible to your needs
Incentives and benefits for new homeowners
Gains in the value of your home are not taxed, putting more in your pocket
 
For more information talk to our online counsellors or visit one of our showhomes today!