Chapter 12. Renting Versus Buying Your Home—Making the Right Choice
Many people follow a similar course in life—they start out renting an apartment or house and then at some point take the plunge and purchase their own place. This is a major decision and there are many factors involved, not all of them financial. But for those considerations that do involve dollars and cents, you should be well-informed and have the tools at hand to help you make a decision. That’s the goal of this chapter.
Why Buy a Home?
There are many factors to consider when deciding to buy a home. Some of these factors are psychological. There’s no doubt that it can be very satisfying to have your ...
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