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Successful Buying & Selling with Proven Results

Toll Free: 800-563-0946
Phone:    519-925-6948
Email: info@mccarthyrealty.ca
110 Centennial Road, Shelburne, ON L9V 2Z4

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Renting vs Property Ownership

Renting vs. Home OwnershipThis is a decision which many people face, and the decision is not as easy to make as it may sound.

As a property owner, you can reasonably expect the equity in your property to increase over time as your mortgage is paid down. That, combined with regular appreciation in property values, can be a rapid and rewarding way to increase your net worth. In contrast, the person renting over the same amount of time is left with no property investment but may have enjoyed lower living expenses and the opportunity to invest in other opportunities.

When comparing owning to renting, you have to add up all of the figures, including the cost of your property, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent.

Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own property.

 

Buying


Buying a Property

 

If the time for you has come to "Find Your Dream Property", we would love to help you.

 

Learn More

 

Selling


Selling a Property

 

An accurate value estimate for your property is just one aspect of selling a property.

 

Learn More

 

Our Brokerage


Address 110 Centennial Road

Shelburne, ON L9V 2Z4

Phone: 519-925-6948

Toll Free: 800-563-0946

 

Email info@mccarthyrealty.ca

 

 

 

 

 

 

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