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
Your search results

Buy a Home or Rent?

Posted by seymour on October 10, 2014
| 0

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.


Tired of Renting?

Please complete the form below to have begin the process of finding your new home. You will receive a response promptly!

* indicates required field

  • Testimonials

    Living room view, 3 Everson Drive Suite 326
    North York Townhome Sold by Top Broker Jethro Seymour
    A positive experience overall

    "We’ve known Jethro for several years now and wouldn’t think of using any other realtor. We’ve used his real estate services to buy and sell, and both times he’s exceeded our expectations.

    We felt that Jethro always looked out for our best interests. When we wanted to present an offer on a few houses, he quickly made sure to come with us to see them, and promptly researched and advised us accordingly. On two occasions his sound knowledge guided us against making a poor decision on a..."

    More Testimonials
  • Neighbourhood Information

    Leaside Neighbourhood Real Estate

    Leaside is one of midtown Toronto’s most popular and desirable districts. Known for its expansive green spaces and charming, intricately ...
    Read More
  • Community Corner

    Seymour Contests: January 2017 Spa Giveaway

    Happy January, everyone! Last month’s lucky winner, Cathy Philips, won herself a $80 gift certificate to McSorley’s on Bayview. Congratulations! Thank ...
    Read More