Rent Home vs Buy Home | E3 Mortgage Corp
Should you Rent or Buy?
This is a question most of us will likely face in our lives, whether buying a house makes more financial sense than renting a home. While renting makes sense in
some instances, there are many compelling reasons why it is better to purchase a home. For example:
> Personalize Your Home. When you buy a home, it’s yours, you are free to decorate and customize the home to your liking.
> Build Equity. When you rent, you are investing in your landlord’s wealth. When you buy, you’re building equity in your own home which is one of the cornerstones of building wealth/
> Tax Breaks. As a homeowner, there are a variety of tax credits and deductions that you can take advantage of. While the specifics will vary depending on where you live, you can generally expect to receive deductions for interest you paid on your mortgage.
At E 3 Mortgage we can help you find the right program and walk you through the decision to purchase your first home.
CALL FOR A CONSULTATION TODAY:
(844) 4E3-LOANS (5626)