Here’s a list of pros and cons of renting a home from one of our top carriers, Nationwide Insurance. Careful consideration should go into the advantages and disadvantages for both to choose which would best fit your situation.
Are you living in a very expensive market? If so, renting is probably the cheaper option. Are you looking to stay put for the long haul? If so, you’ll likely make out better buying – particularly if you pay off your home.
Let these tips be a starting point as you weight your options. If you’re considering your first home purchase, take a look at these tips:
For a deeper look at why renting a home may be better, take a look at this article from Forbes: