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Home Buying for Dummies | MORTGAGE #1050


Home Buying for Dummies. Part I: Home Economics. Chapter 1: Deciding Whether to Buy. Weighing the Advantages of Owning versus Renting. Ownership advantages. Renting advantages. The Pitfalls of the Rent-versus-Buy Decision. Renting because it seems cheaper. Fretting too much over job security. Buying when you expect to move soon. Succumbing to pushy salespeople. Ignoring logistics. Overbuying. Underbuying. Buying because it’s a grown-up thing to do. Buying because you’re afraid that escalating prices will lock you out. Misunderstanding what you can afford....(read more)


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