It's National Homeownership Month in June and all month we've been reviewing the top 10 reasons to own your own home:
- Reason #1: Paying rent is not a good investment.
- Reason #2: Owning a home motivates you to become a better citizen and be more involved in civic activities.
- Reason #3: You want/need more living space.
- Reason #4: Owning a home means having a good place to raise children and provide them with a good education.
- Reason #5: When you own a home, the landlord doesn't decide if your child should have a best friend in the form of a pet.
- Reason #6: Owning a home gives you someting to borrow against, if needed.
- Reason #7: When you own a home, you and not your landlord, decide how to decorate/improve your home.
- Reason #8: Owning a home provides tax benefits you don't get when you rent.
- Reason #9: Owning a home is investing in your retirement.
- Reason #10: Owning a home builds your family's wealth.
As National Homeownership Month 2015 comes to an end, here are 4 Great Reasons to Buy A Home Now!
- Home Prices Will Continue to Rise. The bottom in home prices has come and gone in most of the country and home price appreciation over the next five years has been forecast to be between 11.8% and 26.7%. Waiting to buy will only cost you more.
- Mortgage Interes Rates Are Projected to Increase. Mortgage rates have already begun to creep up and many predict they will increase by close to a full percentage point by the end of this year. Increases in rates impact the cost of your mortgage payment and possibly how much home you can afford.
- Rent Or Buy~Either Way You're Paying A Mortgage. You can pay your own mortgage and build your own equity or pay your landlord's mortgage and increase his equity and wealth... it's that simple.
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It's Time To Move On With Your Life. Apart from the financial considerations of buying a home why wait to buy if you want or need more space, want a neighborhood with better schools for your children, etc. With the cost of buying a home going up, why also put off the other aspects of homeownership that will improve the quality of your life?
If you are a renter, who would like to make the transition from renter to homeowner, contact Carolinas Realty Partners.
We can help you turn your rent payments into mortgage payments!
SEARCH ALL CHARLOTTE METRO AREA HOMES HERE
If you are considering purchasing a home in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:
"The Right Broker Makes All The Difference."
Related Articles On National Homeownership Month:
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Reason #1 To Own Your Own Home
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Reason #3 to Own Your Own Home
- Reason #4 to Own Your Own Home
- Reason #5 to Own Your Own Home
- Reason #6 to Own Your Own Home
- Reason #7 to Own Your Own Home
- Reason #8 to Own Your Own Home
- Reason #9 to Own Your Own Home
- Reason #10 to Own Your Own Home
- 217,726 Reasons to Own Your Own Home
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Stop Renting And Buy A Home If You Want To Build Your Wealth
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