Renting vs. Owning

Renting vs. Owning

We understand that home ownership is one of the most important steps you will take in life. We also know that when it comes to renting vs. buying, renting can often seem like the safe choice. Saving enough money for a home can seem daunting, but there a lot of advantages to home buying – even money saving ones!

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If you are not sure whether to buy or rent, take a look at these factors below!

  • Owning can be less expensive than renting. Renting prices are on the rise and change frequently. With a fixed mortgage, your monthly payments are likely to stay the same, no matter how the markets move.
  • Put your net worth on “cruise control”. The value of your property should increase over time, while a rental is just a money pit. No more throwing your money away!
  • Save on your taxes! As a homeowner, you receive deductions for your mortgage interest paid and property taxes.
  • When you own a home, you’re the boss. Decorate and make renovations or changes without prior approval from a landlord or property management.
  • You no longer have a temporary living situation – no more year to year leases – you have a home.

Owning a home could be the best decision for you and your family. If you think buying is the next step for you, visit our Purchase Page to learn more, or Contact Us today. We’re here to help you get started.

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Connect with one of our loan officers in your area today.

Why FBC Mortgage?

FBC Mortgage, LLC is a leader in helping home buyers with fast and simple loans. We’re dedicated to exceptional customer service and are always available when you need us most, even at night and on the weekend. We’ll help you navigate your new home purchase, and keep you updated along the way with weekly check ins, so you know you’re taken care of. That’s one of the many reasons why 95% of our clients would recommend us to their friends and family. It’s also why the nation’s top home builders and Realtors trust FBC to help their new home buyers.

Buying a home is one of the most important financial decisions you will make. Understanding mortgages and the home buying process can help make it less stressful, and so can partnering with a mortgage lender you can trust. At FBC Mortgage, LLC, we’re dedicated to helping home buyers finance their dream home.

All information presented is for educational purposes only and not intended as financial advice. FBC Mortgage, LLC is a Top 20 National Mortgage lender headquartered in Orlando, Florida. Specializing in residential mortgage lending, including purchase, refinance, construction, and renovation loans. See what our clients have to say. NMLS#152859 EHL ©2020.

Renting vs. Owning

We know that when it comes to renting vs. buying, renting can seem like the safe choice. Even though saving enough money for a home can seem daunting, there a lot of advantages to home buying – even money saving ones!

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You’re tired of renting. You want to settle down and plant some roots. You need a bigger backyard for your furry friends. All are excellent reasons for wanting to buy a home. But do all these reasons mean it’s the right time to buy?

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