Buy Vs. Rent

Buying a home is a savings strategy.

According to the New York Times, if you were to purchase a home for $250,000 with 5% down and home prices were to increase only 2% per year, you would be ahead financially after just two years (compared to a similar rental).

After six years, you would have saved more than $40,000.

Rent Vs. Buy Calculators

See for yourself by using this tools:

nytimes.com/interactive/business/buy-rent-calculator.html

https://www.realtor.com/mortgage/tools/rent-or-buy-calculator/

 

It’s not just about the money.

 

Buying gives you freedom!

Conclusion

The perks of owning versus renting go far beyond financial investment.

If you want the freedom to do what you want, when you want, to your home without worrying about any landlords or leases, then consider buying.

If you're ready to learn more about homeownership, please contact me to set up a no-obligation consultation.


This FREE service/info is brought to you by:

Jeff Herrera, Licensed Real Estate Agent, Lyons Share Real Estate.

Serving Las Vegas and Surrounding Areas.

Have Questions? Call Today!  (702) 481-4887