The decision of renting or buying should be aligned with your current lifestyle and future plans.

If you want to remain flexible for career or personal purposes, if you want to keep yourself mobile for new job opportunities, if you are still working on your credit score and saving for the down payment, renting might be the best option for you right now.

On the other hand, if you have plans to live in the area for over 2 years, you are looking for more stability, you have been working on rising your credit score, you have an emergency fund  and also savings for a down payment; buying is your best option. Buying a house will also allow you to have the freedom to change your living space as you want, will have tax deductions and build investment equity all at the same time, usually paying less than rent.

Still renting but feeling ready to take the next step and find out more on how to become a home owner? Call me 813 446 2003  

Clarisa Moody

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