Buying vs. Renting: Which is the better choice for you?
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Buying vs renting a home is one of the biggest questions we hear in the real estate industry. The answer to this question depends on multiple, different factors & that is one of the reasons we hear this from our clients so often! In order to make a decision on this, you need to think about the following:Â
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1. How long you plan to be in your location.Â
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This is definitely the most important factor in deciding whether you want to buy or rent. If you are not planning on staying in your area for long, or if you are unsure of how long you'll be staying, renting may be your safer option. When you purchase a home, you should be planning on owning the home for at least 4 years. Any less than 4 years will put you at risk of not letting your…
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