Renting vs. Owning: Are You Paying Someone Else’s Mortgage?

Did you know every rent check you write is helping someone else build wealth—not you?

If you’re paying $1,500/month, that’s $18,000 a year… and $90,000 over five years with nothing to show for it.

I’m Diane McConaghy with the Diane McConaghy Team at RE/MAX Select Realty, and in this video, I’m breaking down why renting might be costing you more than you think—and how homeownership could be closer than you realize.

Let’s do the math: $1,500/month = $90,000 in 5 years. That money could go toward YOUR equity Owning = building your future, not your landlord’s

Worried about: Down payments? Credit scores? Interest rates? You’re not alone—but you’re not stuck.

Let’s look at your options and make a game plan. If you’re ready to stop paying someone else’s mortgage and start building your own wealth, send me a message. I’ll help you take the first step toward owning your home.

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