HUD Articles

RENTING vs Owning:

Renting:  1) After each payment, that money is gone.

                2) Can't make any changes to the property.

                3) Rental prices can go up with lease renewals.

                4) Your paying a mortgage, just not your own!

Owning:   1) Each payment can build your wealth and equity.

                 2) Freedom to Renovate.

                 3) Monthly mortgage payment that stays the same.

                 4) Your paying down your OWN mortgage!