299 adelphi street brooklyn ny describe in detail that whether you should hire or buy a home.Buying first home for salaried person is really the biggest decision.Number of factor are considered when buy a home.If you are looking for rent a new home in brooklyn then you must visit http://www.299adelphistreet.com/
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Buying versus Renting a House | 299 adelphi street brooklyn ny
1.
2.
3. Compare up the pros and
cons of both buying and
renting so you can decide
which option suits you best in
the short and long term.
4. When you own a home, it is
YOUR
You will have the freedom to
make changes to your home
without approval from a
landlord
You will have the freedom to
keep pets
You will have the freedom to
stay as long as you like and
move when it suits you
You will be faced with the
financial responsibility of
regular house maintenance.
When you rent you have
FLEXIBILITY
You can move in soon after finding a
suitable rental
You can leave for greener pastures
after your notice period
You will have no maintenance worries
or responsibilities
You need to get approval from the
landlord to make changes
5. Personal wealth
Owning a home offers the long-term
benefits of security,
equity and potential growth in
personal wealth.
The value of a home will appreciate
over time and you can
earn a profit off the sale.
No long-term commitment
This is the option if you don't intend on
staying in one place for a long time
There is the possibility of living in an
area in which you could not afford to
buy.
6. Save for a deposit
Often a large amount, this deposit
covers the initial payment for a
home loan, and can cover some
necessary once-off fees
Save for a deposit
Usually double the monthly rental,
this is seen as surety for the landlord
in case things go wrong!
7. Every Month
Pay the monthly bond repayments &
homeowners insurance
Every Month
Pay the rental amount and various
utility fees as per the lease
agreement
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8. Consider BUYING when you
• Qualify for a home loan
• Have money saved and would like
to use it as a deposit
• Are looking for a rewarding long-
term investment
Consider RENTING when you
• Have just started saving towards a
deposit
• Don't qualify for a home loan just
yet (don't worry there is plenty of
time to get your credit record up to
scratch)
• Don't see yourself living in the
same place for more than 5 years
9.
10. We are HAPPY to
Connect BUYERS,
SELLERS and those
Interested to RENT
http://www.299adelphistreet.com/