Financial Consultation Poll
Is homeownership right for you?
According to a recent survey conducted by Trulia.com, 76% of people surveyed believe that owning a home is part of achieving the American dream. For some people, homeownership enables them to have greater control over their living environment. Others believe that homeownership is a way of accumulating wealth. In spite of the many benefits of owning a home, there are people who prefer to rent a home or an apartment. Renters do not have the same responsibilities as homeowners, such as property maintenance, property taxes, and homeowners insurance.
So, the question of whether it is better to rent or buy a home is one that really depends upon your personal situation and preferences.
Are you ready for homeownership?
Steps to Homeownership
Deciding to buy a home is not a one-time decision. Personal and financial circumstances often change, so what may be best for you now may change with time. If you find that now is not the time to buy a home, reconsider it in the future. Owning a home is terrific wealth-building asset.
The material provided herein is general and for basic educational purposes only and does not purport to be comprehensive. We are not attorneys, tax accountants, or brokers. Nothing contained herein should be construed as legal, accounting, tax or other professional advice. You should consult with a licensed attorney, accounting or tax professional for any specific questions you may have regarding your situation and should not rely on any information contained herein as being a substitute for professional legal, tax or accounting advice.
Any financial figures or other numerical or statistical information, including interest rates, prices, and similar information are for exemplary purposes only and may not reflect the most up to date information available. We do not in any way guaranty or promise that any interest rates, prices or other similar information will continue to be available.