Why Rent When You Can Buy In Winchester Virginia?

You probably are comfortable renting because you don’t have to worry about maintenance, HOA

fees and staying in one place for over a year.

What you don’t realize is that you are putting your money down the drain instead of investing it

for your future.

Check out Buy vs. Rent Comparison (source: www.ginniemae.gov)

The key is to know how much you can afford and invest in a home.

The renter starts out paying $800 per month with annual increases of 5%

The homeowner purchases a home for $110,000 and pays a monthly mortgage of $1,000. After 6

years, the homeowner's payment is lower than the renter's monthly payment.

With the tax savings of homeownership, the homeowner's payment is less than the rental

payment after 3 years.