April 11th, 2017 3:37 PM by Nour Ailan
Renting might be ideal for people who don't want to be tied down or deal with costly home repairs. Although renting has its advantages, there's no escaping the fact that rent never ends and owning is sometimes cheaper than renting.
Owning a home also presents an opportunity to earn equity and write off mortgage interest. But even considering these financial rewards, the process of buying a home is pricey. There are costs before, during and after a purchase. And if you don't prepare, you'll get more than you bargained for.
This isn't meant to scare or discourage you from the homebuying process. However, before you commit to one of the largest financial decisions of your life, taking these smart steps can save you thousands when buying a home.
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