Renting vs. Buying- by: Georgie Reinke, Lead Buyer Specialist

January 13, 2016


There are so many differences between renting and buying. Depending on where you are at in your life, one may be more ideal for you than the other.

When you are renting a house, you are paying somebody else’s mortgage for them, sounds crazy right? Well it is true! The money you are paying for rent is going towards the homeowner, it is not going towards something that is yours. Yes, renting is a great option for people who may not be able to purchase a home quite yet, but if you can purchase a home and gain equity, what is stopping you.

Buying a home has a vast amount of benefits. When you purchase a home, it is yours, no one else’s. You are paying for something, that in the long run, will hopefully bring you equity. Buying a home is an investment. An investment that may bring you more options for everything you are looking to do in your life. Owning your first home is just the beginning to a great journey. So I ask you, what is stopping you from your dream of home ownership?

Our team is here to assist in your buying power and would love to do so! We are real estate professionals in the twin cities and greater metro areas. We have great lender referrals and really, referrals for anything you need! We are always here to help, so please don’t hesitate to contact us. Your dream of home ownership is right around the corner, and we are here to help you get there!

If you or someone you know is thinking about buying a home and/or selling your current home, contact The Better Living Group today! We are here to provide you with information on purchasing a home and a free market analysis for the home you are considering to sell. The Better Living Group are Real Estate professionals in the Twin Cities and Greater Metro areas who are ready and able to assist with all of your Real Estate needs and goals and to provide only the best Real Estate service to all of our clients past, present and future.

The Better Living Group

Realtors- GRI, ABR, CDPE or 763-496-2903

Keller Williams Classic Realty NW