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Why buy when you can rent?

You may be thinking “why buy when you can rent?”  OR “I’ll wait for the market to settle down.”  Are you debating renting versus purchasing a home?  The current financial climate and hot housing market may have you leaning in the direction of renting.  But let me give you a few things to think about on the side of purchasing a home to help you with that decision.

The average cost of renting a 3 bedroom home in York County, ME is currently $1,561 per month.

The average mortgage in York County, ME is currently $1,374.

The first thing that stands out are the obvious savings per month- $187 stays in your pocket, which means saving $2,000 per year.

 

 

With home ownership, you also benefit from the following aspects:

 

The housing market fluctuates, but houses don’t typically lose value.  A home is a solid investment that grows with time.  If you think you might want to purchase, contact me. Don’t wait, the time is now.  Let’s have a conversation.

Contact Me https://bit.ly/3OMqIti
207.604.4624 or  Adam.Parent@KW.com