1. 1 Module 1.5 Evaluate Cost of Living Core PFRP For Transition Module 1.5

2. 2 Module 1.5 Evaluate Cost of Living To Rent or Buy? Buying makes sense if you… Have money for the larger initial investment Are ready for stability Desire a sense of community Can financially support two homes Like to remodel/fix/personalize Can financially manage fluctuating expenses Renting makes sense if you… Move frequently or suddenly Need to determine long-term desirability Are low on cash Don’t have time/desire/funds for maintenance/improvements Don’t want to risk loss of equity Don’t need/want tax advantages Don’t want to be a landlor d Advantages of owning vs renting are different for everyone! Consider these important personal situations along with your long-term goals before you decide..

3. 3 Module 1.5 Evaluate Cost of Living To Rent or Buy?

4. 4 Module 1.5 Evaluate Cost of Living To Rent or Buy?