It's National Homeownership Month ~ Reason #7 To Own Your Own Home

By
Real Estate Agent with Coldwell Banker Realty

 

 

It's National Homeownership Month in June and here's Reason #7 why you should own your own home:

 

 

YOU, NOT YOUR LANDLORD, DECIDE HOW TO DECORATE YOUR HOME

 

Reason #7 To Own Your Own Home
 

When you rent, your landlord has a lot to say about how you decorate your home... not you. So even though your home might be your "castle," when it's a rented property it's not a personalized "castle" by any means. There are very few rental/lease agreements (maybe, even none) which allow a renter to do anything to alter a home, even cosmetically, without the landlord's advance permission.  And if a landlord does give permission, it's often only on the condition that you will restore the home to its original condition at your expense when you leave. (And without advance permission, you might actually be evicted!)

 

From the perspective of a landlord, it's not an unreasonable expectation that you change nothing, as changes you make can decrease the home's value or even increase a landlord's cost to put it back into original condition if zoning or code violations came into play.

 

Even if you are looking to make changes that actually improve the home's value, here's a question to answer if you're a renter ~ why would you spend your own money and invest your own "sweat equity" to make improvements to a property you don't own  and  from  which you won't ultimately benefit? It's not likely that your landlord will reimburse you for any improvements to the property from which he/she will ultimately benefit.

 

So if you're looking for your "inner interior designer" persona to come out in your home, it definitely is much better to own your own home and not rent!

 

  

 

If you are a renter, who would like to make the transition from renter to homeowner, contact Nina Hollander/Carolinas Realty Partners with Coldwell Banker Residential Brokerage.

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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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

Charlotte Magazine 5-Star Customer Satisfaction Award Winner Since 2007

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
5,334,537
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Nina Hollander I've witnessed so many young people who rent and, at their own expense, improve and freshen up the apartment with newly painted ceilings, trim and walls.... and with no reimbursement!!! at that rate, they'll be tenants forever....

Jun 16, 2015 10:46 PM #1
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

No question about it, Barbara Todaro. Unless you plan to stay in a specific rental home very long term, there's little to no justification to investing a lot of your own money in it. Have a super Wednesday!

Jun 16, 2015 11:06 PM #2
Rainmaker
2,329,251
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Nina. You're so right, another great reason for renters to want to own their own home, at the same time they should be contacting you to discuss their needs.

Jun 16, 2015 11:09 PM #3
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Thanks, Joe Petrowsky. You're a landlord, I know, so you know what I'm talking about here! Have a great Wednesday!

Jun 16, 2015 11:16 PM #4
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Even with rentals, I've always made them my own with paint.....it's not a big investment.  BTW.....love the series, I'm not being negative.

Jun 16, 2015 11:42 PM #5
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roger D. Mucci ~ I didn't take this as being negative, at all. Paint is easy to change, but I'd still make sure it was ok with a landlord and I'd probably be ready to change it back to original when I left.

Jun 16, 2015 11:45 PM #6
Rainmaker
719,075
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Nina, I like this "reason" because even hanging pictures becomes problematical.

Bill Roberts

Jun 17, 2015 12:49 AM #7
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Bill Roberts ~ I've heard that about pictures, Bill, and I'm always astonished by that level of "pettiness."

Jun 17, 2015 12:57 AM #8
Rainmaker
1,888,775
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Yet another great reason for home ownership. I'm liking your series, Nina!

Jun 17, 2015 01:47 AM #9
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lottie Kendall ~ thanks, Lottie... I've a few more up my sleeve before the month ends.

Jun 17, 2015 01:49 AM #10
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Nina.  Great series of why you should own and not rent.  Thanks.

Jun 17, 2015 08:57 PM #11
Rainmaker
3,445,627
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Conrad Alenn ~ good morning, Conrad. Thanks for following the series. I've got a couple more to come in the days ahead before the month ends.

Jun 17, 2015 08:58 PM #12
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Rainmaker
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