Rent v Buy The Risks of Homeownership

Purchasing a new home is a long-term commitment and is not without risk, both financial and personal.

Most responsible lenders and realtors will advise homebuyers of the risks of homeownership as a means of accumulating wealth and caution consumers about being prepared for homeownership.

For more information about the risks associated with homeownership, visit:

http://www.freddiemac.com/corporate/buyown/
english/preparing/right_for_you/risks.html

or

http://www.gmacfs.com/SmartEdge/en/mortgage/
homeowner/risk_home.html