Renting vs. Buying a Home: Which is Best for You? [An Infographic]
by Rick Delgado
on Wednesday, July 2nd, 2014 at 7:24am.
Renting vs. Buying a home is the question facing many Americans. Many potential homebuyers see the purchase a home as a good investment, but this isn't always the case. Renting also has its benefits; zero maintenance, no closing costs, property taxes or legal fees to pay as well. And while each has its pros and cons, that doesn't necessarily make one better than the other. Rather than strictly seeing things from a financial point of view, whether you choose to rent or own will largerly depend on your personal preference and desired lifestyle.
This handy infographic breaks down the renting versus buying debate.