Save Money When You Buy Vs Rent

 Why Should I Buy A Home Instead of Renting

Benefits of Buying:

1. 
   

2. Equity Building: When you buy a home and pay down your mortgage, you're building equity that you can tap into later through selling or refinancing.

3. Stability: Owning a home provides stability since you don't have to worry about rent increases or the landlord selling the property.

4. Customization: Homeownership allows you to customize and modify your living space according to your preferences.

5. Tax Deductions: Depending on where you live, you may benefit from tax deductions on mortgage interest and property taxes.

6. Investment Potential: Real estate can appreciate over time, potentially leading to long-term financial gains.

Below is an example that would save more than $500/month and you are building equity with your asset.

Buy $963.90* 30-year fixed Rent $1,475 monthly

Park Place Financial Group Joe Costa (w) 619-990-7552 (c) 646-245-7856 jcosta@parkplacefg.com www.parkplacefg.com Apply for a Home Loan

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