To Rent or Buy, That is the Question

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Renting vs. Buying

When making the trying decision to rent vs buy, it is imperative that you evaluate the costs. Renting a home and home buying will both involve unique expenses, which must be weighed and considered.

In determining whether or not to rent or buy, you must keep taxes, monthly expenses, your budget, and insurance premiums in mind. Many individuals fail to realize that they must consider the difference in insurance costs when making this decision. Renters insurance could only cost about $15 – $20 month, while homeowners insurance will likely be far more expensive, as the cost to rebuild the actual structure of the home after a disaster as compared to only replacing the contents are just one of many factors to be considered.

Before making any final decisions, it is imperative that you do your due diligence and conduct the necessary research to ensure you are completely satisfied with your purchase.

Are you prepared to rent or buy a home? Contact Chivaroli Premier for all of your homeowners insurance and renters insurance needs. Your security is our top priority! Allow us to provide your biggest investment with unmatched protection.