Financial Benefits of Buying vs Renting A Home

Dated: June 20 2021

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Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | MyKCM

Some Highlights

  • When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
  • On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
  • If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
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Andrew Maire

Andrew Maire is a Real Estate professional serving the Phoenix Metro Area. He is excited about working with eXp Realty, one of the largest independent real estate brokerage firms in the nation. Andrew....

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