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Nadeem Ahmed
Broker
nadeemreem@gmail.com

RE/MAX Premier Inc
Brokerage
Independently owned and operated.

Nadeem Ahmed
Broker
nadeemreem@gmail.com

RE/MAX Premier Inc
Brokerage
Independently owned and operated

1885 Wilson Avenue
Toronto, Ontario M9M 1A2


Phone: 416-743-2000
Fax: 416-743-2031
Mobile: 416-301-1100

Renting vs. Home Ownership

Renting vs. Home Ownership

This is a decision which many people face, and the decision is not as easy to make as it may sound.

As a homeowner, you can reasonably expect the equity in your home to increase over time as your mortgage is paid down. That, combined with regular appreciation in property values, can be a rapid and rewarding way to increase your net worth. In contrast, the person renting over the same amount of time is left with no property investment but may have enjoyed lower living expenses and the opportunity to invest in other opportunities.

When comparing owning to renting, you have to add up all of the figures, including the cost of your home, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent.

Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own home.


Nadeem Ahmed Broker

RE/MAX Premier Inc Brokerage

Independently owned and operated

1885 Wilson Avenue , Toronto Ontario, M9M 1A2

Phone: 416-743-2000

Fax: 416-743-2031

Mobile: 416-301-1100

nadeemreem@gmail.com

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