Renting might be cheaper right now. That does not automatically mean you should keep renting.
Before you buy in this market, check three things. Stable income and emergency savings. You are comfortable staying 5 to 10 years. The long term numbers make sense for you.
Buying can cost a lot more per month than renting, so do not rush it. But if you are financially ready and staying long term, you build equity and may get tax benefits.
Not sure which side wins for you?
Text me and we will compare buying vs renting on your budget:
562-600-9793
Ray Miramontes | The Mira Group | Circle Real Estate | DRE
#01931740 |
562-600-9793
#RentVsBuy #HomeBuyingTips #FirstTimeBuyer #SouthernCaliforniaRealEstate