Is it better to Buy or Rent?
Whether renting is better than buying depends on many factors.
The John McClintock Team helps clients answer this question with statistics and studies on home owners and renters as well as financing options and tips.
The chart shows a cost comparison for a renter and a homeowner over a 7 year period. The renter starts out paying $800 per month with annual increases of 5% The homeowner purchases a home for $110,000 and pays a monthly mortgage of $1,000. After 6 years, the homeowner's payment is lower than the renter's monthly payment. With the tax savings of homeownership, the homeowner's payment is less than the rental payment after 3 years.
Browse more than 2,000 single family homes currently For Sale in Bucks County. To arrange private showings, call the John McClintock Team today.
Thinking of selling your Bucks County home?
Before you list your home for sale, call the John McClintock Team at 267‑759‑9518 for no obligation recommendations on pricing and an overview of our comprehensive marketing package that includes:
- Home Staging
- Brokers Open House
- Virtual Tour
- Video Tour
- Social Media Campaign
Newtown (Bucks County) PA 18940
Broker: 215-860-4200 x518
Copyright © 2018, John McClintock
Information is deemed reliable though not guaranteed.