Wednesday, May 18, 2022

Three Reasons Owning a Home Is Better Than Renting One



Some Highlights

  1. When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
  2. On the other hand, when you own your home, you build your own wealth, and your monthly payment is locked in.  It's essentially a super-charged savings account!
  3. Finally, and this might just be the best reason, you benefit directly from home price appreciation.  As the market rises, your home value goes up with it...without you doing anything at all!
If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.  The sooner you get started, the sooner you will benefit from the many reasons to own a home.  Call us today at Braceland Homes so we can set you up for success 619-947-3560.

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