What makes that first time home owner finally take the leap to buy a house?  Is it the responsibility of the maintenance?  Is it wanting to plant their own flowers in their own garden?  Is it because they want to buy a lawn mower and sweat in the heat of mowing every weekend?

There are many reasons why someone takes that leap, and below is a list of some common triggers that I often hear that helps them make their important decision.

  • Writing the rent check month after month- Instead of paying your own mortgage, you realize you're paying someone else's mortgage in addition to putting some extra into your landlord's pocket.
  • Running from you Car in the Rain- Your apartment complex doesn't have covered parking so every time it rains, you sit in your car gathering everything up in your arms so you can take that mad dash out of the rain... and then you drop your books in a puddle.
  • Tired of Walking up Three Flights of Stairs- Everytime you need to take the trash out or check your mail, you have to make the long trip up and down three flights of stairs, and you're just wishing you had curbside trash pickup and your mailbox was in front of your house.
  • You're Tired of the drab Walls- You want to paint the walls something that matches your personality, but you can't afford to lose your security deposit if the landlord doesn't agree with the choice.
  • Landlord not Returning Calls- Your toilet is overflowing or the AC is broken on the hottest day of the summer, and you can't get your landlord to return your calls to let you know how to go about fixing things. If you get things fixed without approval, you might be out extra money if it costs too much.

Are you renting and not sure if you're ready to make that leap?  Have the above things happened to you that have made you stop and think about your situation?  Give me a call or shoot me an email and let me know how I can help make you comfortable about buying and getting out of the renting cycle.  Together, we can find the missing piece you're looking for to make the leap.

**Are You Packed Yet?**

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com

Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.

 
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20 Comments on Why Does a First Time Home Owner Buy a House?

APR
07
2009
277,752 Points 11 Featured Posts Outside Blog Attended Rain Camp

What makes that first time home owner finally take the leap to buy a house? 

 

$8,000?

1:41pm • #1
1,309,282 Points 96 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Tom, You do have a point, however, they don't get that money until AFTER they buy, though many people think they can get it before they buy and use it as a down payment.

2:35pm • #2
5 Featured Posts Outside Blog

lol yea many of them do think that.  but many people are getting loans from their parents and/or other family members for $8000 with the understanding that they're going to pay the money back next year.  since FHA will now allow loans from family members for down payment, that might be another selling point.

3:40pm • #3
871,484 Points 201 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Excellent post Donna Harris. Great way to get folks thinking. ;)

3:54pm • #5
257,302 Points 10 Featured Posts Attended Rain Camp Called Shot Master

OOH, Tom has a great point! Plus, they can't deduct the rent check on their taxes!

4:10pm • #6
1,330,854 Points 189 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Donna, the getting rid of the landlord reason is a BIG one for sure. Great list. PLUS, it is YOUR house.

6:04pm • #8
1,914,489 Points 386 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Donna, these are all excellent reasons to buy a place!  And you didn't even get to tax breaks!

8:14pm • #10
APR
08
2009
379,843 Points 2 Featured Posts Outside Blog

Great post as always. All good reasons, that of course I will steal. Thanks

9:20am • #11
1,309,282 Points 96 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Pat, Thanks!  And I didn't mention tax breaks, because that's not a "trigger", it's a bonus once they buy a house.

Terry, Not a problem, just put my name to everything!  ;)

9:21pm • #12
397,063 Points 17 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Good points Donna.  I am going to have to share this with others.

10:21pm • #13
APR
09
2009
270,513 Points 59 Featured Posts Outside Blog Called Shot Master

Donna - I love this post.  It covers the real reasons people get fed up with the rental and move to ownership.  "Running from your car in the rain?"  That's why people buy houses.

8:27pm • #14
APR
10
2009
410,411 Points 17 Featured Posts Outside Blog

Donna, this is great. I would imagine most of us relate to running to our apartment in the rain. Good job!

 

4:38pm • #15
1,309,282 Points 96 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

John, Be my guest!

Matt, Thanks!

Teri, Yes, those were the worst days, especially with groceries and multiple trips.

9:42pm • #16
APR
13
2009
188,033 Points 1 Featured Post

Donna, 

This is a great piece.   a lot of people get tired of those same old apartment colors, and want to paint their home colors they like.

Thanks for your points

8:55pm • #17
1,309,282 Points 96 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Susan, Thank you, and yes, the drab colors can make anyone go a little nuts at times!

9:40pm • #18
APR
27
2009

 How about the lowest interest rates in years. . You have good points. I just moved to Texas . i am enjoying everyday. Real Estate is very active in Texas

5:58pm • #19
APR
28
2009
1,309,282 Points 96 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Rafeeq, I believe the interest rates are a benefit of buying.  It's not something that triggers someone to want to buy right here and now.  It's definitely a perk as well as the tax write offs of that rate.

12:49pm • #20


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Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes

Donna Harris, REALTOR®, CDPE & ASP - Hill Country

Austin, TX

More about me…

Regent Property Group

Address: 7035 Bee Caves Rd #204, Austin, TX, 78746

Office Phone: (512) 592-7127

Email Me

This blog is to help educate Buyers, Sellers and even other Realtors across the country.  Each market is different and the way Real Estate is done is different.  Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between.  Some times there will be other things besides real estate as I like to rant and rave as much as the next!!  Come back often!

Donna Harris, REALTOR® with RE/MAX
Donna Harris, REALTOR® with RE/MAX
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