Buying a Home Versus Renting a Home

Buying a home or renting a home. Which is the better option?
The Advantages and Disadvantages Of Both

Renting

 

Buying

Advantages

 

Disadvantages

More fixed costs for the term of the lease

 

Variable costs

Not gaining equity, but not losing it either

 

Equity may go up, down, or stay stagnant

When the lease is up, you can just move out

 

If you want to move, home generally must be sold

There is generally less work in maintaining a home or apartment

 

Work needs to be done by you--or paid for by you

Smaller amount of "up-front" cash

 

Generally a larger initial investment--the downpayment

 

Renting Disadvantages

 

 

Buying Advantages

No matter what happens with the value of the home, you will never gain equity

 

Over time, the mortgage balance decreases and equity builds, even if the value of the home does not increase

Limited--or no--ability to personalize your living quarters

 

The ability to remodel and redecorate the home to match your needs and desires

No tax advantage to renting. Your landlord gets any and all tax breaks that are available. He appreciates you helping him pay down his mortgage 

 

There can be tax advantages attached to home ownership Consult competent legal and/or accounting advice for details for your situation.

 
So Is It Better To Buy Or Rent? Learn More!
 
Contact Us Today For A FREE Buyer Consultation 
 

 

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Mydaddyhomes.com is where smart buyers and sellers visit when they are looking to buy or sell Brampton or mississauga Real Estate. A Brampton or Mississauga home, house  or condo.  Mydaddyhomes.com is a state of the art  home buying and selling system for Brampton and Mississauga Real Estate and Brampton Homes and Brampton condos and Mississauga Homes and condos for sale.  With information on trades and professional people, homes for sale and service directories MydaddyHomes.com is a good place to start your house hunting.  Contact Brampton and Mississauga Real Estate agents, Edison and Arlene Samuel we will be there for you.

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One of the best investment decisions you can make is to buy Mississauga or Brampton Real Estate, buying Mississauga or Brampton Real Estate is a sound investment, based on the yearly increase in Mississuaga and Brampton, Buying Mississauga or Brampton real Estate is a good retirement fund.
 
When buying Mississauga or Brampton real estate, a Mississuaga or Brampton House or Home you must have trust and confidence in your real estate agent. The MyDaddyHomes team is commitment to ensuring their clients are satisfied with the level of service they receive. The MyDaddyHomes team is committed to provide you with Real Estate Services second to none. Call us first and see what quality service is.
 
Buying a Brampton or Mississauga home is a great investment. With a Brampton or Mississauga home you have piece of the rock. When comparing Brampton and Mississauga homes to other homes in the GTA, Brampton and Mississauga has the best to offer. Mississauga and Brampton homes come in all different type, You can get a starter Brampton home for around $210,000, a semi-detached Brampton home for around 240-270,000, a newer Brampton town home for around 260-280,000, a newer semi-detached for around $280-310,000. In the detached Brampton homes, you can get a 2000, sq, ft home for around $350.000 and then bigger Brampton homes from 350-600,000. So is a Brampton home a great investment? yes it is, Come join us and enjoy comfort and a great lifestyle in a Brampton home. Contact Brampton Real Estate agents, Edison and Arlene Samuel today.