Many people who are shopping for a place to rent also hope to someday own their home.  If home-ownership is something that interests you, please take advantage of the following resources intended to help you become more informed about home ownership. 

As a home-buyer, it is important that you understand the various roles that Real Estate Agents serve in the State of Pennsylvania.  These roles are outlined in the Consumer Notice.  Please read the Consumer Notice to learn about what kinds of representation are available to you. 

The following table offers some of the pros and cons of home ownership.  There may also be other factors that effect your unique situation which you will need to consider. 

BUY	ADVANTAGES	CONSIDERATIONS
	Property builds equity	Responsible for maintenance
		Requires substantial down-payment
	Sense of community, stability, and security	Responsible for property taxes
	Free to change decor and landscaping	Possibility of foreclosure and loss of equity
	Not dependent on landlord to maintain property	Less mobility than renting
RENT	Little or no responsibility for maintenance	No tax benefits
	Easier to move	No equity is built up
		No control over rent increases
		Possibility of eviction, sale of the property or failure to renew

Please take advantage of the Rent -Vs- Own Financial Calculator to help assess your unique situation.

The Realtors of Park Forest Enterprises, Inc.

Timothy F. Gummo, Realtor^®

Todd Hawbaker, Realtor^®

Samuel Hawbaker, Broker

 

Info@RentPFE.com

Park Forest Enterprises, Inc.

1000 W. Aaron Drive, State College, PA  16803

Call:  (814) 238-3431

Fax:  (814) 238-4561

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Send mail to Info@RentPFE.com with questions or comments about this web site.
 

Park Forest Enterprises, Inc., Realtors^®

1000 W. Aaron Drive, State College, PA  16803, USA  

Phone:  (814) 238-3431  -  Fax:  (814) 238-4561

Park Forest Enterprises, Inc. is a licensed Real Estate brokerage in the State of Pennsylvania

Park Forest Enterprises, Inc. Real Estate License Number RB041395A

Copyright © 2011