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We all need a roof over our heads. This is a basic human need! But when it comes to housing, there are so many different factors that can come into where we live that the process of finding the perfect property for you and your family can be a relatively difficult decision making process. Now, when we are talking about finding the best house to suit your needs, we generally consider a whole range of factors varying from location to size to number of rooms, whether it has an outdoor space or not, what amenities are nearby, and much more. Besides considering the house itself for the various factors of interest, it could also be a priority to take a look at the city/town and what it would cost for a family to build a life there. Electricity, water, gas, healthcare, schooling, etc. are all necessary for everyone to lead a productive and happy life, and so the consideration of these can be important in the search for a home. Many blog posts (such as that talks about living in Rancho Cucamonga, California) highlight the necessary expenses, grouped into a term called ‘cost of living’ of a place so that families may make an informed decision according to their circumstances. But a question that many of us should take into consideration is whether to rent or buy a house that we will ultimately end up living in. Many of us fall into one category or another by chance or due to influences around us and perhaps how our own parents went about things. But the truth is, renting and buying suit different people and it’s best to consider this before getting on the property chain or considering moving from one place to another! Whichever path you go down it is important to remember that there will be things that you come across that you probably didn’t plan for. Some may not know that tenant screenings by AAOA can be given to make sure a tenant is a good choice so it may be wise to research this before applying to see what you may need to make the process faster.


Many of us automatically assume that buying is the best option. This is understandable. Rather than essentially paying someone else’s mortgage on their behalf, you invest in a property that you get to keep when you buy. Instead of paying monthly rent payments that you never see again, you pay mortgage payments towards a property that you will ultimately own and which you can sell down the line for profit or you can hand down to future generations. This is easier said than done, however, as not everyone can get a mortgage so easily – even those in careers where the potential earnings as high, like medical professionals. They may still be hampered by things like student debt and little income history (especially if they are recent graduates) and so a conversation about doctor loans to help them get on the property ladder is certainly worth having. Buying also gives you stability for your family – as long as you can keep up with your mortgage repayments, you don’t have to leave the space you’re living in. Remember, there are government backed options out there like USDA financing which are designed to assist home buyers finance their home purchase with good interest rates. When you rent, the landlord can sell or end your tenancy once your contract is up rather than renewing it. However, buying can be a difficult process. You have to save a deposit and once you’ve settled for a chosen home, you may have to wait for others in the buying chain to secure deals before they can move out and you can move in. If you’re buying, use the services of, who will be able to help make the process easier and more straightforward.


Of course, renting can be a great option for many people too. According to Martin Dasko, you’re better off renting if you’re prepared to pay renters insurance, but still want the flexibility of having options to move. If you’re not 100% sure that the place you’re currently in is where you want to lay down anchor, renting gives you a roof over your head while you take time to figure out what direction you’re taking. It’s much easier to finish a rental lease and move than to sell an entire property and move. Just make sure that you get a good landlord who will take their responsibilites seriously and who is fair. Always remember your rights and don’t hesitate to take action if they are being broken!

As you can see, there are pros that come hand in hand with buying and renting. Only you will know which best suits you and your family!

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