{"id":910,"date":"2019-11-02T06:09:21","date_gmt":"2019-11-02T06:09:21","guid":{"rendered":"http:\/\/www.qualcondreams.com\/in\/?p=910"},"modified":"2019-11-02T06:09:21","modified_gmt":"2019-11-02T06:09:21","slug":"renting-versus-buying-a-home","status":"publish","type":"post","link":"https:\/\/www.qualcondreams.com\/in\/blog\/renting-versus-buying-a-home\/","title":{"rendered":"Renting Versus Buying a Home. Which Will You Choose?"},"content":{"rendered":"

Confused Between The Options Of Renting Versus Buying A Home?<\/span><\/h2>\n

Follow along to understand some of the pros and cons of each option to make the decision that’s best for you! Find out the suitable option for renting versus buying a home<\/a>.<\/p>\n\n\n\n\n\n
<\/td>\n\n
Rent<\/h6>\n<\/td>\n
\n
Buy<\/h6>\n<\/td>\n<\/tr>\n
\n
Down Payment<\/h6>\n<\/td>\n
\n

Small initial payment with refundable deposit.<\/p>\n

Sometimes might not get deposit back at the end of the lease.<\/p>\n<\/td>\n

10% of the flat cost.<\/td>\n<\/tr>\n
\n
Amount Variability<\/h6>\n<\/td>\n
\n

Rent can be increased at the end of a lease.<\/p>\n

You have the option to move if rent is increased.<\/p>\n<\/td>\n

\n

Monthly payments stay the same throughout the loan.<\/p>\n

Home value can go down but payments are fixed. But most often, values used to increase only.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"renting<\/p>\n\n\n\n\n\n
\n
Customization<\/h6>\n<\/td>\n
\n

Renters are typically not Home-owners can allow doing any major renovation.<\/p>\n

Ultimately you would just be improving someone else’s property.<\/p>\n<\/td>\n

Homeowners can improve, renovate and remodel to increase value and make it according to their own choice.<\/td>\n<\/tr>\n
\n
Maintenance<\/h6>\n<\/td>\n
\n

Renters typically are not responsible for maintenance. They have to notify the landlord when something is broken.<\/p>\n

Sometimes renters have to wait a long time before something gets taken care of.<\/p>\n<\/td>\n

\n

Home-owners have to cover the cost of any repairs or replacements.<\/p>\n

 <\/p>\n

 <\/p>\n

They can do it whenever they want.<\/p>\n

\n<\/td>\n<\/tr>\n

\n
Stability<\/h6>\n<\/td>\n
\n

A landlord can decide or short notice to stop renting to a tenant. Renters are at the mercy of the landlord.<\/p>\n

Renters have the convenience of not needing to sell a home before moving.<\/p>\n<\/td>\n

\n

Home-owner now they have a place they own.<\/p>\n

 <\/p>\n

 <\/p>\n

If a home-owner needs to move, it can be hard to sell a home quickly.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"things<\/p>\n\n\n\n
\n
Getting Or loosing<\/h6>\n<\/td>\n
\n

Every time you pay your rent you get to live on someone else’s property for another month.<\/p>\n

End of the day, you will have nothing in your hand when the agreement ends.<\/p>\n<\/td>\n

\n

Every time you make a mortgage payment, you own a little bit more of your home and are building your own equity as opposed to your landlord’s.<\/p>\n

At the end of EMI completion, you will be owning a property.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Many people are often intimidated when it comes to buying a home. The reality is it can often be less expensive on a monthly basis and will end up building long term equity. Most homeowners agree that their investment in their home is one of the best investments they’ve made!<\/p>\n","protected":false},"excerpt":{"rendered":"

Confused Between The Options Of Renting Versus Buying A Home? Follow along to understand some of the pros and cons of each option to make the decision that’s best for you! Find out the suitable option for renting versus buying a home. Rent Buy Down Payment Small initial payment with refundable deposit. Sometimes might not […]<\/p>\n","protected":false},"author":1,"featured_media":911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/posts\/910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/comments?post=910"}],"version-history":[{"count":6,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/posts\/910\/revisions"}],"predecessor-version":[{"id":919,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/posts\/910\/revisions\/919"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/media\/911"}],"wp:attachment":[{"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/media?parent=910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/categories?post=910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.qualcondreams.com\/in\/wp-json\/wp\/v2\/tags?post=910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}