Difference Between Rent Property and Buy PropertyAuthor: PropertyDate: -- Rent property or buy property? This question has haunted many people and is still puzzles many people. Actually this is a matter of personal opinions and personal economical conditions. Each side has its own advantages and disadvantages. First we will discuss renting property. Renting means using any other person’s property for a limited time span in lieu of payments to the property owner at fixed intervals and of fixed amounts. Renting is basically profitable for people who can’t afford to buy a property and need to use it for commercial or residential purpose or for the people who don’t want to block their liquidity as it is required very much for their business. Disadvantage is that you are not free to use the property the way you like it. Buying a property provides you freedom to do anything with e property and also the value of property will always increase, so it is also considered as investment of your money. Disadvantage is you can only buy it when you have enough liquidity to buy it.
|
|
Copyright © 2012 Sonipatproperty.com | All Rights Reserved.