Buying Maryland Real Estate Vs. Renting
Usually, if you can come up with a down payment then buying Maryland real estate is your
best option. However, this may not apply to everyone. Consider the
renters make to their homes — and regardless of any outside influences
that would cause the property value to increase — renters will
never gain equity.
advantages are enjoyed by landlords.
walls (some landlords will allow renters to paint their walls only
if they paint them white again before they vacate their homes).
They don’t face the hassle of finding a buyer and waiting until
a sale takes place.
In many multifamily properties, they enjoy the convenience of a
full-time maintenance staff to handle appliance repairs and other
Maryland Real Estate Buyers …
can also remain static.
a buyer, either with a Realtor’s help or not, if they elect to move
out of their homes.
than a renter, who merely pays a security deposit and first/last
that keeps costs fixed.
the services of a professional whom they hire and pay themselves.
Buyers are fully responsible for any and all repairs.
as they wish.
After reviewing this comparison, you may feel that neither buying
nor renting Maryland real estate listings is the “perfect” choice. We should then consider
your lifestyle — including such factors as the stability of your
career, how often you travel for business and whether or not you plan
to reside in your current hometown for a long period of time — either
choice has plenty of valid advantages. Here is a calculator that will
help you crunch the numbers in determining whether you’re better
prepared to rent or buy.