Leasing vs. Buying/Building for Churches: Part 1
One of the big questions that church pastors and elders have to answer is whether the church should lease or buy a physical property. It can be a tough decision! On one hand, leasing may seem the easiest and most cost-efficient option. After all, there’s no need to get involved in complicated real estate transactions or construction projects. On the other hand, buying could give you more control over your finances and provide traditional benefits such as building equity while giving your congregation an attractive home from which they can worship. To help you make this critical decision, Hearn Construction, Inc. looks at some of the key considerations around leasing vs buying/building for churches when providing your congregation with a place of worship.
