Renting vs. Buying

There are advantages to owning real estate including tax benefits and building equity,  to name a few.  The cost of owning real estate depends on where you live and the conditions of the housing market in that area. You can use Bankrate’s rent vs. buy calculator to get an idea of what these expenses are.  Also, this article gives you an in-depth idea of additional benefits and the added cost of renting over years https://www.grarate.com/article/renting-adds-up/?LOID=4650

First time buyers often think they need to have a large down payment to qualify for a mortgage yet there are many available lending options.  Therefore, it is crucial to get preapproved by a lender early on to determine the house value your budget allows for.  This article may better help you understand a lot of variables that go into owning real estate https://www.bankrate.com/real-estate/renting-vs-buying-a-home/

Reach out to me to put you in touch with a reputable lender that can provide you with the optimum loan type for your situation.