Whether you choose to rent or to own, you'll still be paying a monthly housing bill. When you pay rent to a landlord, that money goes to pay down his mortgage and build his equity in the property, which he will profit from if and when he decides to sell. When you choose to take on your own mortgage, you don't just get a place to live: You also build up your own equity in the investment to either apply to moving up to a bigger home or to cash out on if you ever decide to sell or refinance.
Buying a house can feel overwhelming, but it's nearly always a good investment. When you work with a great real estate agent, you can shop with confidence, knowing that you'll get the right house for you — and your budget. Give us a call when you're ready to get started on the biggest and best investment you'll ever make. We can't wait to help!