If you’re currently renting a place to live, and would like to get into the real estate market, you need to understand the difference in buying vs renting a home. There are many advantages and disadvantages to both, so sometimes it makes the decision difficult for some people. There are also other things to understand even before considering buying a home, and you need to know what those are to properly prepare.
If you’re in a situation where you are renting a home or condo, you need to consider the fact that you may be throwing money away by paying rent instead of owning a property and building some equity.
For more information on financing, or if you need a mortgage broker, contact Tracey Brock of Dominion Lending Centres.
Mortgage Broker M09001257
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