To rent or to buy, that is the question! For the would-be first-time home-buyer there’s no easy answer. Especially in a “hot” housing market, it can seem quite overwhelming to even consider the idea of buying a house. There are dozens of online articles that come to different conclusions about the rent vs. buy decision. But how do you determine what’s right for you?
That’s why Brookside Real Estate started hosting our First Time Home Buyer Happy Hours earlier this spring – so you can have all the information you need to make the decision that is right for you, all presented in a casual low-key environment – aka: Happy Hour!
Our first Home Buyer Happy Hour was a rousing success. And, we created the upcoming Happy Hour based on the most common question we heard from would-be buyers at our first Happy Hour. The question was simple yet complex: “Should I rent, or should I buy?” The variables that weigh into making this very personal decision are many.
Becoming a homeowner has long been a cornerstone of the American Dream: “Invest in a home, don’t throw money into a rental” is something that most young people hear. And generally, that advice makes sense – but there are many considerations that play into whether the decision to buy is the right one for you right now.
Here are a few questions to consider: Are you planning to stay in the area for a while? Or will your job or family relocate in the not-to-distant future? What are the general trends of the neighborhood where you are looking to live? Is there a school system nearby that you would want your kids to be enrolled in? Are you generally handy with fixing mechanical things around the house? Do you want to rent to avoid the maintenance that goes along with owning a home? How important is it to invest in a large asset that you will own someday? Do you want to save money on your taxes?
There is much to consider! So if you want to become more educated in the “rent vs. buy” decision, we have just the event for you! We’ve assembled several speakers with years of experience in the financial, mortgage and Real Estate arenas to speak to these issues and answer your questions – all in a low-key fun and relaxed environment. (Did we mention this is a Happy Hour?!)
Even if you are far from being ready to buy your own home you can still stop by to meet other area young professionals that are in similar stages of their lives. Join us for an hour or two (on what looks to be a beautiful summer evening), complete with complimentary food and drinks, right here on our cozy (and well-shaded!) patio in the heart of Brookside!
Tuesday, June 27, from 5:30-6:45 at 9 W 63rd Street, in Brookside (just across the street from Charlie Hoopers)! RSVP to [email protected] or stop on by – everyone is welcome! Want a few more details? Drop us a line at (816) 333-3330 and we’ll fill you in! See you on Tuesday!