First Time Homebuyers: To Buy or to Rent a Home?

At home with the Colemans

newbuyersCOLDWELL BANKER OFFERS FOUR QUESTIONS TO CONSIDER WHEN DECIDING WHETHER TO BUY OR RENT A HOME

“To buy or to rent?” Recent graduates, young couples, relocating professionals and others have all asked themselves this question at one point or another. While each option has its benefits, the decision to purchase an apartment, condominium or house as opposed to renting, is complex and based on a number of factors. According to a recent survey from the National Association of Realtors, nearly eight out of 10 respondents believe buying a home today is a good financial decision. The question that remains is whether or not now is the right time to buy a home for you.

For most people, deciding to buy a home is the largest financial decision of their lifetime. Before making the jump into homeownership, potential home buyers should consider the “soft” lifestyle issues as well as…

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