Maybe Renting Is The Answer? The Pros And Cons Of Buying A Home

CON: Long term commitment

“I’m just not feeling this place anymore and am going to leave.”

Think again.

Unless you sell or rent your place which can carry expenses of their own, when you own a home, you are committed for the long haul. Now does this mean you have to stick around for the entire life of your loan? No, but you can’t just decide you want to peace out without dealing with a few ramifications.