By Erin Wencl, Branch Manager, La Crosse
Renting vs Buying – Things to Consider

By Erin Wencl, Branch Manager, La Crosse
At any point in life, your living situation may change due to career moves, family obligations, or just the need for a new adventure. Whether short or long term there is a decision to be made to set down roots in the community and purchase a home or leave your options open by renting. Here are some important considerations to keep in mind as you make your decision.
Homeownership
Rental Property
Overall, it’s important to consider all the costs, benefits, and responsibilities. You may need to adjust your budget in order to make the change from renting to paying a mortgage each month. Adjusting your budget could require some minor, or drastic, lifestyle changes. Do your homework, find a good home inspector and consider any findings before you make an offer – are you prepared to put in the time and effort of maintaining and repairing your home?
Marine Credit Union has helped thousands of homeowners make the leap from renters to owners. Contact our mortgage lenders to start the process to homeownership today! Not sure you’re ready for homeownership? That’s OK too! We can help you get on the right track for your future. Visit MarineCU.com for more information!