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Jeff McIlhenny
Beacon Brokers Realty
Cell: 843-452-2953
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To Rent Or To Buy | Print |

How do you choose between buying and renting?

Home ownership offers tax benefits as well as the freedom to make decisions about your Charleston SC home. An advantage of renting is not worrying about maintenance and other financial obligations associated with owning property.

There also are a number of economic considerations. Unlike renters, home owners who secure a fixed-rate loan can lock in their monthly housing costs and make prudent investment plans knowing these expenses will not increase substantially.

Home ownership is a highly leveraged investment that can yield substantial profit on a nominal front-end investment. 


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