Buy or rent -- which is a better option? It's time you decide for your future. Although it is an American dream to buy and own a house, not all people are cut out for this vision. We don't need to keep up with the Joneses and even hallucinate on building our own empire. We have to keep track of the demands of our time, while we meet the quintessential basics of life.
Thanks to lower mortgage rates, many of us can afford to have a dream house for our family. But even if the house seems like a secured choice, there are some instances when renting can work best for your family's priorities, like in the case of Nina. The woman was able to send her kids to reputable universities using what could have been a downpayment for the
mortgage loan. As a public school teacher, there's nothing more important for Nina than education.
On the other hand, there's no greater source of pride for George than to provide his family a nice shelter in a suburban community. Yet, before he jumped to home ownership, he used an online calculator to assess the real value and tax savings of his recent venture. He then decided that buying a house is a lucrative
real estate investment. To buy or rent -- the secret is to evaluate the costs as part of a long-term plan.
