|Owning A New Fleetwood Home
||Renting an Older Home or Apartment
|Your mortgage payments build equity and may qualify for several significant tax advantages.
||Your rent payments go straight to your landlord’s equity.
|Lock in your payment. Many mortgages enable you to keep your monthly payments consistent for years to come.
||Your monthly rent can change unpredictably at the whim of your landlord.
|Your home is yours until you decide to sell.
||You can be forced to move if your landlord decides to sell.
|New construction, new carpets and paint, new kitchen cupboards, new fixtures, new appliances-everything in your home is brand new.
||Worn carpets, out-dated appliances, and sub-standard upkeep are common in rentals.
|More space for the money. For the same rent you’re paying now, you may get more room for your family and more storage for your personal property.
||In a typical apartment, you’re limited to a storage shed and assigned parking.
|You own it, you can make it yours. Choose the colors, carpets, cabinets and floor plan. And you can redecorate or remodel whenever you please.
||If you want to upgrade a rental or apartment, you have to get permission. If you move, your landlord keeps the value of your improvements.
|Greater privacy with room for a yard or garden.
||Noisy neighbors, cooking odors, and a microscopic patio if you’re lucky.
|New electrical and plumbing, plus a home warranty and one-call problem resolution.
||Outdated fixtures and often minimal maintenance-give the landlord written notice of the problem and wait.
|Energy-efficient windows, insulation and appliances reduce your utility costs.
||The typical landlord doesn’t care about energy-efficiency; there’s no incentive to keep your utility bills down.