When it comes to calling somewhere home, you generally have two options. The first is to buy, the second is to rent. But which is right for you?
It ultimately matters what you're looking for, as there are pros and cons for buying or renting a home or condo. Buying
- The money goes back into your pocket, as eventually you won't have a monthly payment and you can sell the house. However, you have to maintain all upkeep and you have something holding you in one location.
- It is easier to move, yet your rental money is going into someone else's pocket.