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How do I decide which is best for me?

Home » Real Estate » Should I Rent or Buy a Home? » How do I decide which is best for me?

It's important for you to sit down with anyone who is involved in this decision making process and decide what factors are important to you. If you are married with children, ask every family member old enough to make a list of what is important to them. After everyone is done, compare the lists. The list should include these questions:

• What is a home to me (a refueling station, the center of family life)?
• Which is more important to me, the house or its furnishings?
• How do the activities I am involved in affect the kind of house we need?
• How far am I willing to commute to work, school, church, shopping?
• How important is privacy to me? Can a privacy fence give enough privacy, or do I want more open space in the country?
• How much time and what skills do I have to devote to maintenance and upkeep?
• What services are do I want available (garbage and trash pick up)?
• What stage of the life cycle is our family in and are we likely to need more space or less in the next five years? Ten years?

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