Visit us

Muthaiga North Estate

RENTING VS BUYING

Table of contents

Would you buy or rent?

The decision to buy or rent a house is something that will definitely affect your financial status, personal goals, and lifestyle.  Both provide you with shelter and require financial stability, and some level of effort to maintain. Homeownership is good however, not better than renting a house, even so, renting is not as simple as it seems.

istockphoto 1130124948 612x612 1

Renting a house is not throwing your money away, it is also good because it does not come with many responsibilities associated with home ownership. There is flexibility since you are not tied to your own house.

istockphoto 1179535629 170667a

The following are some of the key differences between homeownership and renting:

Renting
This means you have the flexibility to move when the lease ends without any penalties. You have a constant monthly payment, hence good planning. The landlord is liable for any repairs and maintenance

You have a constant monthly payment, hence good planning.


The landlord is liable for any repairs and maintenance
Homeownership
Provides a sense of stability   Helps build equity   Requires a large amount of financial leverage

Helps build equity


Requires a large amount of financial leverage

If buying a home will make you happy then go for it. But do you think homeowners are happier than renters or vice versa? Here at Rokay properties, we believe that everyone deserves an adobe that fits their affordability. Our team of experts is very adept in the real estate market and keeps abreast with the industry trends. They are committed to this adroit assisting you in making wise investment decisions when buying properties. For rentals, we help you identify and choose the best property matching your budget specifications.

Related posts

Would you buy or rent?

The decision to buy or rent a house is something that will definitely affect your financial status, personal goals, and lifestyle Share on Facebook Tweet

Learn more »

RENTING VS BUYING

Would you buy or rent? The decision to buy or rent a house is something that will definitely affect your financial status, personal goals, and

Learn more »

WHERE TO BUY AFFORDABLE LAND

Value added land Luck happens when preparation meets opportunity. ? Rokay properties wants to make your dreams come home with these lands which are up

Learn more »