If you need assistance, please call 803-548-3551

Owning a Home Has Distinct Financial Benefits Over Renting

Thursday, July 1, 2021   /   by Pete Hall

Owning a Home Has Distinct Financial Benefits Over Renting

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | MyKCM





Some Highlights



  • When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.

  • On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.

  • If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.



  buyers

Century 21 First Choice
Pete Hall
206 Rockmont Dr
Fort Mill, SC 29708
803-548-3551

Based on information submitted to the MLS GRID as of 5/24/2022 5:12 PM CST. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
This site powered by CINC: www.cincpro.com