Should you rent or buy? | We Buy Amarillo Houses | 806-359-7653

This is a question we get on a weekly basis. Usually it goes something like this… “I just got back on my feet from my divorce and I want to buy a house. I don’t want to throw money down the drain renting!” Now before I give you my two cents worth, let me fist tell you that I am not a fan of one-size-fits-all advice. Every situation is different. But the bottom line is this… It isn’t always a bad thing to rent and it isn’t always a good thing to buy a house. Sometimes renting is a great option because it is cheaper and easier. Especially if someone is trying to recover from a financial setback. When you rent you don’t have to worry about sewer lines or A/C condensers breaking down. You don’t have to fork over a big down payment either. Often times people try to buy a house before they are financially stable. The results can be disastrous! Contrary to popular belief, owning a house can be a huge liability! Make sure you can comfortably afford the down payment and repairs before you buy a house. After you are back on your feet then by all means buy a house! But not until then. We always tell people it’s better to rent for 10 years too long then buy a house one day too early.

If you are looking for a rental we can help you with that! Rent Houses
If you are looking for a house to buy or if you have a house to sell we can help you with that too! Buy or Sell

Give us a call any time at 806-359-7653

Wade Mitchell
Mitchell Property Group
Mitchell Property Group