Posts Tagged With: renewing a lease

renew my apartments lease or buy a home
Jun 28

Should I Renew the Lease or Buy a Property?

Should I renew my lease or go buy a property? This is one of the most common questions that renters ask themselves. Chances are, you find yourself agonizing over this situation at least once, but possibly many more times over the course of your life. Deciding to renew your lease is as important as deciding whether you should rent or buy. In real estate, market timing is important, but so is knowing what is a great deal, both on the renting and buying side of the equation. The last thing you need is to rack up unnecessary expenses after moving to a new pad or staying put that you later realize could have been avoided. There are just so many factors to consider. If you stay put in your current Boston Pad, you have to deal with the potential of rising rent and perhaps a sub-par landlord. If you buy at the top, what happens if the market makes a correction in a long and tired asset bull run?

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