Buying or renting your first home is a thrilling start for anyone. It can also be fraught with anxiety when you have two options, and you have no idea what the most sensible choice would be. Do you look for property for Sale , or should you instead search for houses for rent ? We’ve assembled a few questions to help you along on your decision-making journey. How long are you planning on residing in the specific city/town/suburb? If you are eager to settle down and better yet, you know precisely which neighbourhood you prefer, buying a home might be for you. Not sure if you’re coming or going? Instead, hold off and rent a house until you are sure that you will be spending at least five years in a specific area. Do you have a good credit record? Your credit score doesn’t have to be perfect to qualify for a mortgage loan. Even if you hold a bad credit score, certain lending facilities would still consider your application. Keep in mind that just because you ...