To rent or to buy? This seems to be one of the most overwhelming questions people face when thinking about a place to live. Certainly, each one has its pros and its cons, which can make it even more difficult. So, in order to help you in your decision-making process, Wharton Law in Atlanta will give you a few pointers to think about! So the question is, renting vs buying, what’s best for you?
Deciding Between Renting or Buying
When You Rent…
– You don’t have to deal with all the arduous process of buying a place (loans, real estate agents, legal matters, etc.).
– You can move freely if you decide you don’t like the neighborhood or if you want to change towns altogether.
– You aren’t tied down to the financial aspect of buying a home, either.- You worry less since you probably don’t have to worry about fixing the gas leak or taking care of the mold problem.
– You aren’t at the market’s mercy, where one day the economy and real estate are doing great, and the next everything’s doomed.
When You Buy…
– You get a sense of stability and you can finally begin to settle down in a place you call your own.
– There’s the added assurance you won’t get kicked off from your home if the landlord decides to stop renting the place.
– Plus, you get to inherit the property to relatives or friends to make sure they stay covered if something happens to you.
– You also have a set financial commitment, where you have a defined amount to pay, that won’t change at the landlord’s will.
– This is your home, which means you can make it your own, give it your personal style, and adapt it to your needs.
For Title Insurance in Atlanta…If you’ve decided to buy a house, don’t forget about title insurance! It will help you stay covered in case there are any irregularities in the property’s title. Here at Wharton Law, we offer title insurance in Atlanta, as well as the best service and advice in this regard, to help you make the right decision. Call (404) 965-2767 to learn more about what we can do for you!