Still wondering if it’s a good idea to stop renting and invest in your own home? Here’s some reasons why you should break free from your landlord and become a home owner!
- Your monthly rent goes to the landlord and will never amount to an investment. No matter how long you stay, the paid rent will never earn you property rights or ownership status.
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- All the structural and decorative home improvements you make
will have to stay behind when you move to a different rental.
- You have no control over your rent, something that can make long-term budgeting very difficult. As the rent price might fluctuate, this big-budget part if your living cost can cause major changes and extra stress in your life.
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- Renting lacks the permanence and sense of security that a family has when having a place to call their own.
- Owning a home can actually be cheaper than renting. Considering the investment and the equity aspect of a mortgage, as well as the increase in rent prices and moving costs, renting can actually turn out to be more expensive than buying a home.
Related: How to Choose Between Two Great Houses When Buying a Home
For all your real estate needs, contact expert DFW realtor, Stacey Perry with Keller Williams Realty, today!
Phone: 817.313.1833
Email: staceyperry@kw.com
Website: Stacey Perry Team
Facebook: Stacey Perry Team-Keller Williams Realty
Twitter: Stacey_kwrealty
Instagram: StaceyPerry_kwrealty
Blog: Stacey Perry Team
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