5 Reasons to Buy Instead of Renting Another Year
It is so hard to believe another year has come and gone and that I am once again thinking about business goals, life goals and new year resolutions. I am so excited to be going into yet another year as a realtor. This time of year you may be thinking about buying a home and finally getting out of your rental lease. Below I’m going to give you 5 reasons on why NOW is the time to buy instead of re-newing your lease!
- You can customize the home how you want it. Want to paint an accent wall bright red? Go for it. It is your home and you can design it exactly how you like.
- Fixed payment, as long as you opted for a fixed-rate mortgage. You won’t have to worry about your landlord upping your rent because values have gone up.
- You will be paying off your mortgage not your landlords. (Need I say more?)
- There are multiple tax benefits of owning your own home. Check them out here!
- You will have a sense of stability. Buying a home can help you establish roots in a neighborhood or a community. You no longer have to make plans based on an annual lease or the possible sale of the rental property you are living in.
Happy New Year and Happy Buying!