You’re here because you either know you want to buy
You are not sure and are looking for guidance how to make the best decision.
There are a number of factors in determining whether it's better to buy or rent. Here are the key criteria you should consideration as you weigh your options:
What time horizon will you live in the area?
Is your VA Loan entitlement available for use?
Do you plan to move back into the area after this tour?
Are you comfortable being a landlord or hiring a property manager?
Depending on the answers to these questions will determine what is best for you and your family.
Check out our Rent vs. Buy calculator to help provide context given your situation. Be sure to click “Switch to Plain English” when you finish to help apply context to your results.
You should always work with a licensed real estate agent when shopping for a new home. Why? As this chart shows, a good agent provides a lot of value during the process. In addition, it usually costs nothing to work with a buyer’s agent, since the seller typically pays their compensation. Most importantly, your real estate agent has a fiduciary duty to serve your best interests.
#1 Benefit Provided By A Real Estate Agent
(Percentage of Respondents)
Helped Buyer Understand the Process0%
Pointed Out Unnoticed Features/Faults 0%
Negotiated Better Contract Terms0%
Provided a Better List of Service Providers0%
Improved Buyers Knowledge of Search Area0%
Negotiated a Better Price0%
Shortened Buyer's Home Search0%
Source: National Association of Realtors 2016 Profile of Home Buyers and Sellers