Georgina Mortgages

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with

Diana Campbell

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430 The Queensway South


Office (Re/Max): (905) 476-4111

Cell Phone: (289) 221-2112

Mortgage Agent - Lic. #10409

Keswick, Ontario

L4P 2E1

Fax Machine: 1 (905) 656-6560

Email: diana128home@yahoo.ca



A lot of people ask themselves this question. What are the benefits to owning a home vs renting one?


As a homeowner, you can reasonably expect the equity in your home to increase over time as your mortgage is paid down. That, combined with regular appreciation in property values, can be a rapid and rewarding way to increase your net worth. In contrast, the person renting over the same amount of time is left with no property investment but may have enjoyed some slightly lower living expenses.

 

When comparing owning to renting, you have to add up all of the figures, including the cost of your home, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent.

 

Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own home.


Still can't decide? Try giving Diana a call, and she can help you decide what's right for you.

Should I Rent or Own?

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