Should You Rent Or Buy?

Wondering if you should rent or buy? Take this quiz and find out if you're ready for home ownership!

Tags: House, Purchase


Here are all the results with descriptions

Ready to Own a Home
You're financially stable, in a stable job, with ample savings and good credit. Furthermore, you've been on your own for a while and know what goes into living on your own--everything from washing dishes every day to changing an air filter and covering unexpected costs. You're ready to own a home!

Ready to Rent
You either live at home with your parents or you're renting, but either way, you should rent. Don't focus on a mortgage just yet, as you aren't sure where your love life or career will take you. Setting down roots keeps you contained in a few miles. Focus on your relationship/love life, your career, and exploring first. Once you find a place you'd love to set down roots in, find out if there's a lot of work there and then plan a visit!

Better Off Waiting a While
You're still living at home, and you certainly are anxious. However, you're doing the right thing. You aren't financially stable just yet, and you certainly need to go ahead and give yourself some time. Focus on working, saving money, making your credit good, and exploring to see where you'd eventually like to move!