To Rent or Buy: The Ultimate Real Estate Debate

Deciding whether to rent or buy is a very individual decision. Jill Biggs with Coldwell Banker Residential Brokerage highlights the pros and cons of both options in the latest segment of LXTV Open House.

Renting vs. Buying seems like the ultimate real estate debate. I found myself the subject of this very question just a short while ago. Our lease was coming due and we were unsure: Was it the right time to buy? Or, should we continue to rent?

Jill Biggs from Coldwell Banker Residential Brokerage offered to help me find the best fit. Check out the segment, which aired first on NBC’s LXTV Open House, where Jill shows me two properties in the Hoboken area–one for purchase and one for rent.

The lesson I ultimately learned is that it all comes down to what is right for you and your particular situation. You need to consider financial aspects like whether you have enough for a down payment and lifestyle aspects like how long you expect to stay in the home. The answer is different for every individual.

Which did I choose? You’ll just have to watch below to find out.

Whether you’re looking to buy or rent, a Coldwell Banker real estate agent can help find the best option for you. Search for a real estate professional in your area on coldwellbanker.com.

Victoria Keichinger is the Director, Brand Marketing for Coldwell Banker Real Estate. When she's not managing national media and advertising for the Coldwell Banker brand at work, she finds herself most at home in Jersey City, NJ with her pre-school crush turned spouse (and baby on the way). A true francophile, she loves to travel and will go anywhere there are ski slopes.

Subscribe to Blue Matter and get the latest updates

1 Comment

  1. Fort Myers Real Estate
    May 21, 2015

    This article is actually outstanding . Excellent details being shared.
    Thnx

    bestfortmyersrealestate.com/

    Reply

Leave a Reply

The In-Between Move: Why Condo Living is the Real Estate Gray Area
Expert Open House Tips for Buyers & Sellers