To Rent or To Buy? It's Not Always a Black or White Decision.
Top Reasons to Rent
For most families, renting allows you to be much more flexible. Only a short-term commitment is required, most often a 12-month lease - you're not locked into a 20 or 30-year mortgage. You're also not required to qualify for a mortgage, which usually has much more strict requirements than qualifying to be a tenant.
Renting also means that there are fewer up-front costs involved; whereas buying a home requires upfront costs of 10-20% for down payment, and other costs. There are also fewer ongoing costs involved with renting since home owners have property taxes, and those maintenance and repair costs which usually come when you're least prepared.
One of the biggest…