Renting may be less expensive, but there are significant disadvantages to not owning your home. If you're considering purchasing your first home but are hesitant because of the potential increase in monthly payment, you'll want to take a second look at the pitfalls of renting.
Read on to understand the limitations of renting, and if you're curious to see how low your first mortgage payment can be, contact us today!
Living in a rented home or apartment gives you the flexibility to change residence with only a 30-days notice, but it gives your landlord the same power. Whether from a violation of your lease or because the property is up for sale, the landlord need only give you a 30-day notice to vacate.
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