If you have had thoughts of whether or not it is wise to continue to rent, or if perhaps buying a new home is the best option, this video is for you!
Today we're diving into a common question I receive from customers. Is it better to rent or to own? We discover that renters often have misconceptions about two major things when it comes to the rent vs own debate.
-The amount of money down it takes to purchase a home
-The credit score required to purchase a home.
We'll talk about the credit score and downpayment it really takes to purchase, in order to give you clarity on those two misconceptions.
Also,we'll break down the average monthly payment, as well as the average rental amount in Pittsburgh, to see how they actually compare. In addition we'll talk about a few situations in which it might be best to NOT purchase a new home.
As always, if you have any questions, feel free to leave comments and questions down below, or reach out to us directly!