The Five Best Reasons to Buy a Home (Instead of Just Renting)

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EAGLE REALTY
The Five Best Reasons to Buy a
Home (Instead of Just Renting)
Our attitude is, “Why rent?”
“WHY BUY?”
Buying a home instead of renting
is better financially, better for your
lifestyle, and better for your own
personal freedom.
5 GREAT
REASONS
TO BUY
Here’s five great reasons to think
about buying a home instead of
renting your whole life:
1. IT IS MORE
ECONOMICAL TO
PAY A MORTGAGE
INSTEAD OF
RENT.
Why buy the cow when you can
get the milk for free?
There are many arguments for
and against buying cows, and
oversimplifying the matter does
nobody any favors.
Benefits of
Renting Over
Buying
Real estate is the same. There’s a
lot of why-buy-a-home talk here
and there.
Younger generations especially
tout the benefits of renting over
buying.
Renting is 100%
Pure Loss. There
is no Financial
gain to Renting.
If a home is a cow and renting is
the milk, let’s think about it: make
payments and eventually own the
cow, or buy milk at a marked up
price your whole life and have
nothing to show for it but a milk
mustache?
Average Rent
vs.
Average Mortgage
The average rent in the
Sacramento, California area is
$1,143. The average mortgage
payment in the area of $892.
Mortgages Don’t
Last Forever
So you’re saving 22% in the
meantime, but along the duration
of the mortgage, you’re gaining a
tangible asset that can be sold or
rented to bring you additional
income.
Own the cow. Be the one people
buy their milk from.
Some people don’t care about
decorating, some people do.
2. FREE CHOICE IN
INTERIOR/EXTERIOR Studies show that people who
invest at least a little creative
DESIGN.
energy into their home tend to
have happier lives.
More Freedom
More Choice
But have you ever rented an
apartment that allows you to paint
polka dots on the walls?
Have you ever been told NOT to
touch the lighting fixtures in your
own home?
3. YOU CAN HAVE
YOUR PETS.
Landlords and pets typically don’t
mix well.
Fear of Damage
The landlord fears damage to
their property and, in California,
potential lawsuits from dog bites
(when a dog owner’s dog bites a
person on a property, the owner
of that property may be held
responsible).
You Get to Make
the Rules
Landlords often charge a monthly
pet fee as well as weight and
breed restrictions, or sometimes
just forbid pets altogether.
At your own pad, you get to make
the rules. Your pet stays.
4. MOVING IS
ACTUALLY
EASIER.
When you pay your mortgage
every month, you build equity in
your home.
If You Want to
Move, You Have a
Couple Options
You can sell the home and the
equity you’ve built will help cover
the cost of the next one; or, you
can rent your old home to
someone else to collect more
money every month.
Financially Better
Either way, it’s no more
inconvenient than moving to a
new apartment, and it’s certainly
better from a financial standpoint!
There is nothing quite like owning
and building something from the
ground up.
5. PRIDE.
It is 100% yours, and the sense of
pride you will get from owning a
home is unmatched by anything
else in the world.
The Best Way to
Get Started
Contact your local
Sacramento area realtors
at
Eagle Realty!
Eagle Realty
Eagle Realty
2335 American River Drive Ste 400
Sacramento, CA 95825
Phone: (916) 698-4646
Email:[email protected]
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