š” The Good, The Bad, and The Ugly: Owning vs. Renting a Home
This blog offers a well-balanced and insightful look at the pros and cons of owning vs. renting. I love how it breaks down the financial and lifestyle considerations in a clear, relatable way. It's a great resource for anyone weighing their options and trying to make the best decision for their future.Ā
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Deciding whether to buy or rent a home? Itās not just about moneyāitās about lifestyle, freedom, and long-term goals. Hereās the Good, the Bad, and the Ugly of both sides:
ā The Good: Ownership Means Investment
Your monthly payment builds equity, not your landlordās wealth.
You can paint the walls, plant a garden, and make it yoursāno permission needed.
Fixed-rate mortgages offer stability. Rents usually go upāyour mortgage usually doesnāt.
Tax benefits for mortgage interest and property taxes can add up.
ā ļø The Bad: Ownership Comes with Responsibilities
You canāt call the landlord when something breaksāyou are the landlord.
Property taxes, insurance, and maintenance can add up.
Moving is harderāyou canāt just give 30 daysā notice and pack a suitcase.
š¬ The Ugly: Renting Can Feel Like a Revolving Door
Rents can skyrocket, and leases can end unexpectedly.
No equity means no return on your biggest monthly expense.
Your ability to personalize the space is limited (no knocking down walls or adding a dog door).
Youāre building someone elseās future, not your own.
š If you're ready to stop renting and start owning, give me a call. Iāll help you explore options, including lenders who offer zero-down or low-down payment programs.
Gwen Fowler Real Estate, Inc.
š§ gwen@gfowler.com | š± 864-710-4518
š www.CoolMountainEscapes.com
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Gwen Fowler
Gwen Fowler Real Estate, Inc
317 South Highway 11
West Union SC 29696
Serving Oconee County, from the banks of the Chattooga River to the shores of Jocassee, Hartwell & Keowee Lakes, and all the private lakes in between.c-->
Contact me about property in Oconee County, Seneca, Walhalla, Westminster, Long Creek, Salem, Mountain Rest, Richland, Sunset and Six Mile, SC.Ā 2nd homes are our expertise.Ā
The best number to reach me at is 1-864-710-4518--either by call or text.
View our listings at www.CoolMountainEscapes.com
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