Decision Time: Rent Versus Buy

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Decision Time: Rent Versus Buy

The decision of whether to rent or buy a home is a major one that can have a significant impact on your finances and lifestyle. There are many factors to consider, from finding the right property to securing financing. That’s why the Cuyahoga Land Bank’s Realty Reimagined real estate brokerage offers a variety of home buyer resources to help you make the best decisions for your needs.

One of the best tools you can use to help you decide between renting or buying is our Rent vs. Buy Calculator. The calculator can help you compare the monthly costs of renting and buying and consider each option’s long-term financial implications.

Realty Reimagined is the Cuyahoga Land Bank’s recently established mission-based real estate brokerage aimed at advancing its mission to help people become homeowners. A full-service brokerage for residential and commercial properties, Realty Reimagined is a non-profit brokerage that not only acts as an intermediary between buyers and sellers of real estate but also provides valuable resources to help people prepare for homeownership. The Realty Reimagined website’s resource section educates consumers about the intricacies of buying and selling a home and how we can help.

Compare the cost of owning a home vs renting HERE.