renting: To Own or Not to Own?...
- 12/09/19 09:05 AM
...That is the Question. There are many reasons for making the decision to own your own home or not owning a home. I have quite a few people I know that have sold their homes and now are renters, And I know many folks that are now considering entering the market to purchase a home. The decision is personal and different for everyone. That being said, if you are a person that wants to own a home, let's see about... The True Cost of Not Owning Your Home There are great advantages to owning a home, yet many people continue to … (6 comments)
renting: Only 4???
- 03/11/19 09:51 AM
Good Morning, Afternoon, or Evening... That should cover it...lol. I came across this article from the folks at KCM and decided to look at it because I could probably cite 40 reasons for buying a home this Spring. The 4 they mention are prime reasons to buy and those 4 ways can be inclusive of many more. When Pam & I were buyers we had been looking for some time AND interest rates were rising every week. We were hot to trot, had looked at many properties, got beat out of 3. We knew owning was way better than renting, for us. … (4 comments)
renting: A Millionaires Advice...
- 02/19/19 05:49 AM
Piggybacking on to my last post with regards to renting v. homeownership. Every situation is different yet I have found the advice of those that have paved the way to be concrete.
Millionaire To Millennials: Don’t Get Stuck Renting A Home… Buy One! In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.” Bach went on to explain: “Homeowners are worth 40 times more than renters. Now, that … (22 comments)
renting: Does Homeownership Really Matter?
- 02/19/19 05:22 AM
To rent or buy?... That's an age-old question. I get that question all the time from people that rent. It all depends on their situation BUT Real Estate ownership is the hands-down best way to produce wealth. Your rent dollars just fly out the window and are gone forever. Why Homeownership Matters Now More Than Ever Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.) … (12 comments)
renting: R U Still Renting? Part 2
- 10/08/18 12:32 PM
There are many reasons people can cite for renting vs buying, BUT, the article below from KCM does a good job outlining... The True Cost Of NOT Owning Your Home Please take note of a link showing 5 benefits of owning Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the … (6 comments)
renting: R U Still Renting?
- 10/08/18 08:59 AM
Why? Rents are skyrocketing! For many, renting is more expensive than owning! Interest rates are still low. Owning a home builds wealth AND I read someplace homeowners are healthier. This is not a post to convince you to buy or rent BUT if you are considering taking the plunge... Your Someday has arrived. Remember... Contact me … (2 comments)
renting: NOT Fake News...
- 08/07/18 08:19 AM
There are so many misperceptions about the purchase of real estate that actually prevent people from realizing their dream of homeownership. The Infographic below shows the actual history of the last 4 - 5 years regarding some mistaken beliefs of purchasing a home.
Home Buying Myths Slayed Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! … (8 comments)
Is renting really a trap? I agree, at the current time, owning is cheaper than renting and has certain tax advantages renters do not have. What I'm not completely sold on are reasons regarding rent increases when Real Estate taxes increase, for most, if not all, each and every year. Another area I'm not completely sold on is, renters being worse off in % of income being used for housing. Renters do not have maintenance expenses and many do not utilize renters insurance (which they should and they pay no Real Estate tax bills (I know, … (6 comments)
There is more to life than Real Estate. My intention is to provide not only Real Estate information but items that we all face and experience in our daily journey through life.
...That is the Question. There are many reasons for making the decision to own your own home or not owning a home. I have quite a few people I know that have sold their homes and now are renters, And I know many folks that are now considering entering the market to purchase a home. The decision is personal and different for everyone. That being said, if you are a person that wants to own a home, let's see about...
;)
;)
;)
