Should You Rent Or Buy A Home

Tidbits from Tari!

Deciding to purchase a home is a very big decision, one of the biggest ones you will ever make. There are a lot of things to take into consideration before you decide whether you’re ready to buy, or not. You need to think about where you want to build your life-if it’s not in Ohio, it might be in your best interest to continue renting. Read on for more tips on deciding whether you should rent or buy a home in Ohio.

First, you should assess your finances and determine how much can you afford to put toward a down payment. Down payments on a mortgage usually cost between 5% and 20% of the selling price of the home. The price of the down payment also affects your monthly payments. Also, you need to take into account car payments, credit card payments, bills, debts, and any other financial obligations you…

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