The Hard Numbers- The Harsh Reality of Renting
By Katrina Cole, Inlanta Mortgage, Business Development Manager
(The Jonathan Arnold Team of Inlanta Mortgage)
The Hard Numbers- The Harsh Reality of Renting Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment and in many cases today this still remains true. (Remember always buy low and sell high) It is an achievement that offers a sense of pride, financial stability and potential tax advantages.Yes, there are certain responsibilities associated with owning a home. Landlords will often argue the benefits of renting, and for obvious reason. If you are renting, you’re helping them make their mortgage payment. The numbers are staggering if you look at it this way. If you are paying $1,000 per mon...