Are you retiring and contemplating your next move?
Consider these:
Expect Rent to Keep Rising
Rental costs have been climbing steadily for years. Choosing to rent may mean facing increasing payments each year. Owning with a fixed-rate mortgage offers stability, locking in your monthly payment for the long term.
Benefits of Homeownership
AARP suggests that buying your next home is a wise long-term decision. Build generational wealth for your family. If you have enough equity to buy your next home outright, you wouldn’t have a monthly mortgage payment. Freedom to make renovations and home updates.
Consider Buying Your Next Home
As a baby boomer, the decision to buy or rent your next home is significant. With rents on the rise and homeownership offering numerous advantages, it may make sense to explore the path of buying your next home.
