Should You Rent or Buy a Home?
It’s important to know if buying a home is a good investment, or if you’re better off continuing to rent. The cost of buying a house in San Diego is high – this will help you figure out if it’s a good investment for you or if you’re better off where you are.
It helps to have a good down payment, but that’s not always necessary, depending on the type of mortgage you get. With a low to no down payment though, you will have to pay Private Mortgage Insurance (PMI) unless you qualify as a veteran for a VA Loan.