Should You Rent or Buy? - TexasHomeLending.com

Rent Versus Buy

What Are the Advantages of Buying Over Renting?*

Renting can offer great flexibility, but the money you pay every month benefits your landlord, not your future. Your monthly rent can easily become an investment in your dream home.

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There Are Significant Benfits to Home Ownership.

Make a House Your Own Home

From paint color to a new floor, it’s your home and you can customize it any way you choose.

Gain Greater Life Stability & Control

By removing yourself from a landlord / renter relationship, you increase the stability in your life.

Build Home Equity Over Time

Part of your monthly payment increases home equity, which can turn into a profit if you sell.

Strengthen Your Credit Score*

Because you are investing in an asset, your credit score can increase over time.

Utilize New Tax Advantages*

Your mortgage interest, property taxes, and sometimes even closing costs could be tax deductible.*

Increase Financial Planning Accuracy

Our mortgage options will help you predict your monthly payments versus being subject to rent increases you can’t always plan for.

Discover Your Home Loan Options

There are a range of loans for home purchasing that can fit a variety of financial circumstances. Read on to see what might work best for you.

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Are You Ready to Be Your Own Landlord?

With just a little personal information, the Michael Inkman Team can run the numbers and help you move forward.

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* This article does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific situation.