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    Should I rent or should I buy? Start here!

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    Should I rent or should I buy?

    The age old question, “Should I rent or should I buy?” This debate has been going on for what feels like an eternity and it could leave someone in the market for a house with a whole lot of questions that aren’t so easily answered. One of the biggest benefits of investing in a house is the home mortgage rebate tax. However, there is absolutely no rental tax rebate, therefore, a lot of money is left up for grabs when you decide to rent instead of investing in a home. As a whole, it really is cheaper to have a mortgage than it is to rent in the majority of the countries all over the world. Near-historically low home loan interest rates have a lot to perform with this because they are around 4%. Also, consider that whenever you rent a house, the money is gone and goes into someone else’s pocket. Every month you pay rent. You have a roof over your head, nevertheless, you have accumulated no collateral when you are prepared to move on. When you purchase a property, the amount of money that you put into the house can be an investment towards your future. Realtor.com is forecasting prices will rise around 5% this year alone. So when you decide to move on from the home that you are in, you will leave with the amount of money that you placed into it, instead of walking away with nothing at all, which is the case when you rent. Most of the downsides to buying a house is that you are responsible for maintaining the house. As you maintain and upgrade your house it pays off as it pertains time to market, as this increases the value of the house. In addition, you increase the curb appeal of the property, so you could have more potential buyers. Another benefit of investing in a home rather than renting is that it's your home, you can do with this whatever you wish. Personalize your house by painting it any color, make any additions that your heart desires and that means you make it truly your very own. When you rent, you cannot make substantial adjustments, like renovations or a paint without expressed permission. Here are just a few more perks in becoming a homeowner: As a home owner, there are plenty of things that you are eligible for when it comes to tax deductions such as for example property taxes, and mortgage curiosity on your primary residence as well as the second one. There are limits however the number of taxpayers affected is definitely minuscule.

    When you rent, your hard earned money goes straight into your landlord’s pocket. When you buy a home, you are building equity as you pay off the mortgage.

    When you buy a house you have the potential to earn extra income by renting out your premises, or borrowing against it if the need arises. When it is time to make a decision, buying a house may be the winning choice. When you get a house there is simply too much upside with little downside. Remember to take these things into consideration in a lot of ways buying a home is a lot more than just amounts and tax deductibles. It really is your house, where you will view your kids grow, throw parties, grow old. You will experience all the things that this world has to offer whilst having the ease and comfort of understanding where you will lie your mind down at night. You'll be rewarded with a long time of pride and joy.

    Should I rent or should I buy? Start here!

    2001 Valley Bluffs Dr, Minot image
    2001 Valley Bluffs Dr, Minot $449,900

    Rare opportunity to own this incredible home located directly across from the Minot Country Club. This incredible corner lot allows you to drive your golf cart right to t...

    • 3 Beds
    • 2 Baths
    • 220920 MLS
    2900 2nd St Se, Minot image
    2900 2nd St Se, Minot $249,900

    Could you use an extra heated detached double garage? Possibly an attached garage is on your bucket list? How about a big corner lot with no sidewalks to shovel and easy...

    • 4 Beds
    • 2 Baths
    • 220919 MLS
    119 6th St. Nw, Minot image
    119 6th St. Nw, Minot $189,900

    STUNNING! The curb appeal will have you sold from the moment you drive up. Walking in you'll be greeted by a good-sized living room that has a wood burning fireplace. The...

    • 3 Beds
    • 3 Baths
    • 220918 MLS
    3004 47th St Se, Minot image
    3004 47th St Se, Minot $99,900

    This is a Project with Potential! Some updating has been completed including the kitchen, flooring and some trim. Finish the rest and you'll have a nice home to live in, ...

    • 3 Beds
    • 2 Baths
    • 220917 MLS
    1514 47th Loop Se, Minot image
    1514 47th Loop Se, Minot $209,900

    Choice, twin home style, Townhouse. Located in newer neighborhood and close to the new Nedrose School. Open concept floor plan design, boasting nearly 1800 square feet of...

    • 3 Beds
    • 2 Baths
    • 220916 MLS
    901 11th Ave Se, Minot image
    901 11th Ave Se, Minot $129,900

    Nice 2-bedroom starter home on large lot in SE Minot. This home features nice kitchen with lots of oak cabinets, large living room, new paint in bedrooms, and a bath on t...

    • 2 Beds
    • 1 Baths
    • 220915 MLS
    2625 E Burdick Expy, Minot image
    2625 E Burdick Expy, Minot $1,697,000

    Rare opportunity to buy a beloved bar in SE Minot. This 7,802 sq/ft building is close in proximity to the ND State Fair Grounds. There are two bar areas, a stage and danc...

    • 220914 MLS
    1438 2nd St Se, Minot image
    1438 2nd St Se, Minot $50,000

    2 bedroom 1 ½ bath home with a great location; next to South hill complex with a large yard to view from a beautiful deck. Double garage also. This home does need work an...

    • 2 Beds
    • 1 Baths
    • 220913 MLS
    924 28th Ave Sw Unit 104, Minot image
    924 28th Ave Sw Unit 104, Minot — Dakota View Condos $103,000

    Functional and easy living in this affordable condo with attached garage space. This is a very lovely and peaceful living environment where the owners really like where ...

    • 2 Beds
    • 2 Baths
    • 220912 MLS
    • Dakota View Condos Bldg.
    704 18th St Nw, Minot image
    704 18th St Nw, Minot $209,000

    Nicely remodeled 3 BR 2 BA home in NW Minot. Current owner refinished the home with paint, flooring and new appliances. Egress master suite added in the basement. Check o...

    • 3 Beds
    • 2 Baths
    • 220911 MLS
    2049 6th St Nw, Minot image
    2049 6th St Nw, Minot $249,900

    Looking for your new home in Northwest Minot? Look no further! This 3 bedroom 2 full bathroom home with a large 2-stall detached garage and RV parking has what you are lo...

    • 3 Beds
    • 2 Baths
    • 220910 MLS
    101 19th St Nw, Minot image
    101 19th St Nw, Minot $240,000

    You can't just look at this one! You must behold it!! Located in an amazing neighborhood close to schools and stores! This home has lots to offer! Open concept with lots ...

    • 3 Beds
    • 2 Baths
    • 220908 MLS
    1621 65th St Nw, Minot image
    1621 65th St Nw, Minot $53,000

    Check out this beautiful single-family lot located in NW Minot's Robinwood Estates. Build your dream home in this neighborhood surrounded by mature trees and all the be...

    • 220906 MLS
    63 & 65 Mulberry Loop, Minot image
    63 & 65 Mulberry Loop, Minot $50,000

    This lot provides option and potential! Build a twin home or request the City to convert it into a Single Family Lot. Being located in Stonebridge Farms, enjoy the many...

    • 220905 MLS
    2708 SE 9th Ave, Minot image
    2708 SE 9th Ave, Minot $149,900

    Welcome home! Check out this 2 bedroom, 1 bathroom, 1 level house in SE Minot. Whether you're just starting out or downsizing, this well maintained home could be perfec...

    • 2 Beds
    • 1 Baths
    • 220903 MLS
    1403 SW 35th Ave, Minot image
    1403 SW 35th Ave, Minot $374,500

    This spacious twin home is a must see! This four-bedroom home is conveniently local is SW Minot. Large living room opens to kitchen/dining room area giving the home a gre...

    • 4 Beds
    • 2 Baths
    • 220902 MLS
    2212 NW 4th Ave., Minot image
    2212 NW 4th Ave., Minot $269,900

    Very cute, clean, and well cared for home!! Lovely kitchen cabinets and bamboo flooring... Nice size dining room off the kitchen, plus eat in area in the kitchen. You'...

    • 4 Beds
    • 1 Baths
    • 220896 MLS
    Minot image
    Minot $625,000

    2.98 ACRES OF COMMERCIAL LAND, ZONED M1 OFFERS COUNTLESS OPTIONS TO BUILD! THIS LAND HAS GREAT LOCATION--BEING RIGHT NEXT TO ENERBASE TRUCK STOP AND HAS EASY ACCESS TO M...

    • 220894 MLS
    206 8th St Se, Minot image
    206 8th St Se, Minot $179,900

    Home, Sweet, Home in Beautiful Eastwood Park! Check out this spacious 4 bedroom, 1.5 bathroom home in this historic neighborhood. This 1.5 story home features many update...

    • 4 Beds
    • 2 Baths
    • 220892 MLS
    100 19th St Se, Minot image
    100 19th St Se, Minot $169,900

    Have you been searching for a turnkey home with fresh updates, bright living spaces, and everything located on one level? Well, we've got good news, because this would be...

    • 3 Beds
    • 1 Baths
    • 220891 MLS
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