Buy or Rent?
This is a great short post about the advantages of Buying versus renting. Pamelyn is an expert on short sales and anything Real Estate related. Show this to your buyers.
How do you decide when it's time to stop renting and start planning to buy a home of your own? The first step is to learn more about the benefits of home ownership.
Owning your home allows you to create an environment that reflects your personal style and provides the privacy and comfort you need. When you own your home, you're no longer at the mercy of rising rent or noisy neighbors, and can chose to sell or not to sell at your own pace.
On the downside, owning your own home means that you are responsible for the cost of maintenance and repairs, a commitment that many people don't want to deal with.
Appreciation is one of the most important benefits of home ownership. As the years go by, you can expect your home to remain an appreciable asset. Studies show that rent has increased 3% per year on average, which means that today's $750 rent will rise to about $978 in 10 years. In that same amount of time, a home that costs around $110,000 today would be worth $160,000 or more.
If you or someone you know has questions about home ownership or another real estate need, please call me at 608-469-5199 or email me at propertyshoppe@kw.com or visit my website for buying and selling tips, MLS property searches, town and community information and more.
Pamelyn MellerBroker Associate
Keller Williams Realty, Sun Prairie WI
...Making Your Move Matter!
608-469-5199
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