Buy a Home or Rent? - Jethro Seymour - Top Midtown Toronto (Davisville Village ,Leaside) Real Estate AgentJethro Seymour – Top Midtown Toronto (Davisville Village ,Leaside) Real Estate Agent
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Buy a Home or Rent?

Posted by seymour on October 10, 2014
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rentingvsowningIt’s a decision many people face, and the decision to Buy a home or rent may not be simple.

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.


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    "My wife and I were looking for our next home when we met Jethro at an open house. We were eagerly awaiting our first baby and were tired of trying to find our perfect family home by ourselves.

    We took an instant liking to Jethro and were keen on working with him. We found Jethro to be very knowledgeable, friendly, and organized. Things we look for in a realtor.

    We are very pleased with Jethro’s services and can not wait to recommend him to our friends and family."

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