There are many myths surrounding the renting vs. buying situation. If you’re considering moving into an apartment for rent or purchasing a house, you’ll find lots of conflicting arguments about which one is better. Either way, deciding between renting or buying takes a lot of time and resources. But don’t worry! We’re going to debunk a few of these myths to make your decision process a little easier.
Myth: Buying is always better renting.
Truth: Definitely not true! There are a lot of factors that will help determine whether you should buy or rent. What is your budget? How long will you live there? How much room do you need? What’s the current state of the housing market in your area? What does your credit score look like? Once you can answer these questions, you will be able to make the decision right for you. Read the rest of this entry »