Deciding Whether To Rent Or Buy In A New City

When you’re moving to a new city, the decision between renting and buying can be a difficult one. While there are no right answers when it comes to making that decision, there are a few things to take into consideration when you’re deciding what to choose. Especially when you’re moving to a completely new city, there are a few extra considerations to think about. In this article, we’ll go over some of the key things to think about when you’re moving to a new city and need to think about renting vs buying. Your Time Frame Not all moves are long term, so it’s important to think about how long you’re committing to staying in the same place. As a general rule, buying won’t start to pay off until you’ve been in the home for at least three years. If you are planning on staying in your new city for at least three to five years, then buying might be the right choice. However, there are other factors to consider […] Continue reading