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Resources
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Buyers
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Buyer Resources
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Buyers Blog
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What’s Your Home Worth
Sellers Blog
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For sale by owner report
Expired Listing Report
7 New Laws for Selling
Resources
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Hurricane Preparedness
Flood Maps
Lafayette Assessor
Renting VS Owning
Moving Guide: Top 10 Things To Do Before You Move
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Renting VS Owning
RENTING
Pros
Mobility/freedom to move around
Landlord pays for maintenance
Doesn’t require expensive closing costs
No fluctuation in monthly housing expenses
Allows you to test-drive different living spaces
Cons
You don’t build any equity
Limited ability to customize your living space
Rent could go up over time
Landlord might sell or decide to stop renting
Limited sense of home stability / permanence
BUYING
Pros
You build equity over time
Home value may increase over time
You may reap tax benefits
Unlimited freedom to customize your living space
Sense of home stability / permanence
Cons
Closing costs can be prohibitive
Responsibility for maintenance and repairs which requires time and effort
Less flexibility to move (at greater difficulty / expense)
Home value may decrease
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