Whether to buy Real Estate Property or rent it

Have you ever have these question? gonna buy a house or just rent it. They Both have got their own merits and demerits. Let us try to analyze a few. First of all let us have a glimpse on the financials.

The main advantage of owning a real estate property is that it builds equity. So, it may be treated as a real estate investment for future. The real estate property has got resale values and the lucrative thing is the value of real estate in most parts of the world is increasing by leaps and bound. Owing a real estate earns you the freedom of changing .

In case of owning a real estate the maintenance cost goes from the pocket of the owner. So if you have gone for rent, the expenses will go to the landlord, not you. Owning a real estate property sends a signal of reliability and stability to the community at large. People become hesitant in accepting the people, who are on rent, as the community feels insecurity about the people who doubt about the duration of their association. Owning a real estate also raises the responsibility of fulfilling the tax obligations, which hardly arise for you when you are on rent. The main advantage of rent is the mobility and in case of owning real estate, it restricts a lot from free floating. So, why not ask your mind and decide accordingly?

Cecilia Blue provides both the options for Real Estate buyer and renter, think about it and then just give me a call or email to me. Thank you!