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Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]

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Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
  • On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
  • If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
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Mark Sincavage is a full-time real estate agent and REALTOR® Associate since 2010. Licensed in New Jersey, New York and South Carolina. Dedicated and hardworking, Mark prides himself on making sure that all his clients experience smooth and successful real estate transactions. Through experience and continued education, Mark has achieved the premier credentials of Seller Representative Specialist (SRS), Seniors Real Estate Specialist (SRES), Short Sale and Foreclosure Resource (SFR) and Resort & Second Home Property Specialist (RSPS). When you’re ready to buy or sell residential real estate, Mark Sincavage is here to help!