Ask yourself these questions:

• What are your personal reasons?
  Do you need more room for a growing family, or want to move closer to work or schools? Make a list and think it through; it's a good way to balance out the financial factors in your decision.

   

• How long do you plan to own this home?
  You may be better off renting if you expect to move or get transferred within two years. Find short- or long-term rentals in your area. online rental guide can help you find rentals in your area. Calculate if you should rent or buy?