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Is it better to buy or rent?

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Justin D

New Member
I’m currently paying an amount of $1270 per month for my apartment, with all services included. Recently, my friend has been giving me some suggestions about what to do in the near future. He says that instead of spending this amount per month, I should buy a condo, and constantly pay it off in the future. The idea is good within my knowledge, that the condo will gain value in the future, then I can sell it after a few years with a profit. He also suggested a new condo project within demand and I liked it. I live in a metropolitan city. How much will it cost for a modest, 1-person condo? Your suggestions are invited.
 
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vic_thrive

New Member
I agree that buying a home is better than renting because you got to choose whether to live there or have it rented out to other tenants. But if you are stuck about selling your home fast, you must deal with direct home buyers so that you can achieve seamless transaction. You may visit renotecapital.com if you are wondering about its process.
 
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marksrill

New Member
I'm in desperate need to move out of my parents home but don't know if it's better to buy or rent a property. I know buying you can decorate your home in your own way but renting can be cheaper as if something breaks it's up to the landlord to fix.

Advice on both would be great.
Buying is always recommendation list. As rent is the money you lose for get nothing where as buy something become your property forever and money no t waste at all. I always hire Cash 4 House because their consultancy is this much easy that today i can understand whole real estate business.
 
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jamifids

New Member
Hi,

I'm in desperate need to move out of my parents home but don't know if it's better to buy or rent a property. I know buying you can decorate your home in your own way but renting can be cheaper as if something breaks it's up to the landlord to fix.

Advice on both would be great.
If you have enough money to buy your own house, it is definitely better to buy a house than to pay rent every month.
 
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michelle1121

New Member
It's not really a justifiable reason that renting is better because "when something breaks, it's up for the landlord to fix." Most of the time (depending on the state of the house),breaking something does not happen often to be that costly. Also, in buying a house, you'll be paying monthly for something that is yours. You also don't have to worry that your landlord might kick you out. If you have enough money, invest in a house. There are a lot of great properties being developed today like the ones from Ballymore Homes. I'm sure you'll find the one that fits your wants. You can learn more here.
 
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ScotJohns

New Member
I see what you mean. It's a matter of whether or not you have enough money to buy a house. Of course I would say yes, you should buy. But I'm not aware of your financial capabilities. However, if you`re desperate to move, consider renting. You can look for a budget option, and in the meantime, save up the necessary amount to buy. The only downside to this option is that it can take quite a long time. I can also recommend the lawyers I've been working with https://www.vasaadvokat.se/guide-for-dig-med-bostadsratt-i-stockholm-och-behover-en-advokat/ maybe they can suggest some other ways out of the situation.
 
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Elo Stew

New Member
If you can find a way to buy a duplex house with 20% down payment, that would be great. Just have the other side of the house rented out by a tenant and you will live rent-free on the other side. It will help you pay the remaining payable balance.
 
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