Are you currently renting? Do you think you can not afford to buy your own home? Let’s look at some of the costs and benefits of buying vs. renting:
- Statistically, rent payments are more expensive than the monthly payment would be to own a home.
- Historically, buying a home is a great investment.
- There are several tax deductions and benefits given to homeowners which bring the “net” cost of homeownership even lower.
- Owning a home gives a person a sense of pride. It is your home, not someone else’s. That means you are free to paint, renovate and make changes as you choose. No more written permission from a landlord needed!
Want to learn more? You are just a phone call away from getting on the track to homeownership and monthly savings! Contact Knoxville, TN REALTOR CATRINA FOSTER today!
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