Philly Home Girls proudly assists hundreds of tenants in finding the perfect homes, always with an eye on long-term financial stability. If your monthly housing budget is just under half of your monthly income, we can guide you through a variety of options—whether you're looking to buy or rent. That’s the easy part!
What's even better is that you don’t have to sacrifice the allure of luxurious amenities in Philadelphia's new large rental complexes when considering buying a home. Philly Home Girls is here to show you how you can own a condo in buildings with fabulous extras just like those shiny, newly constructed rentals.
We know everyone loves a good comparison, so we've put together three charts that illustrate the benefits of owning versus renting in three different neighborhoods, each with amenity-rich buildings. By choosing to buy in a community that offers these conveniences—like well-equipped fitness centers, work-from-home facilities, and managed community spaces—you’re not just investing in a lifestyle, but also in your future. Build equity, secure financial stability, enjoy consistent monthly payments, and work towards long-term savings and investment—all while enjoying parking, a pool, or a package room for deliveries!
Did you know that buying a home can be more affordable than renting? With a well-structured purchase that includes seller concessions, you might find that the upfront cash required is less than expected. Plus, homeownership comes with valuable tax incentives and the added benefit of reducing your principal with each monthly payment. Here’s an example of how buying and enjoying a condo in Waterfront Square for two years can put money in your pocket vs. your landlord’s. In the first half of the graph, you’ll see how over two years when buying you’ll have paid yourself (vs. your landlord) and how much you’ve saved yourself. Below the savings line, the chart illustrates how building equity can benfit you when you go to sell it after two years.
Deciding whether to buy or rent in a condominium building with amenities shouldn’t be a tough choice. While both options have their benefits, understanding the true cost of each—and which is the better long-term investment—requires expert insight. That’s where Philly Home Girls come in. Our team is here to guide you through the entire process, helping you navigate the financial details, from hidden costs to potential savings. With our personalized approach, we ensure you make the most informed decision that aligns with your lifestyle and financial goals.
