19 July . 2018
13 Reasons Why It's Better To Buy vs. Rent Your Home
Did you know that as a homeowner, you’re likely to have a net worth that’s 44 times greater than the average renter? You can also start to build equity, get a major tax deduction, and be connected with Smart Home technology. Plus, you’ll have new social cache as the go-to destination in your circle of friends. See all of the great reasons to stop renting and start owning in our infographic.
Text transcript of Infographic
Be the owner, not the renter - 13 real benefits to buying a new home:
- Forced Savings
Paying rent can feel like a waste. A new home allows you to build equity, which a form of auto-pilot savings.
- A Place for Fido
Finally, your pets can run untethered in your own backyard.
- Master of Your Castle
You are in control over when you move.
- No Rent Increases
Stop worrying about those annual rent increases.
- Higher Net Worth
According to the Federal Reserve’s Survey of Consumer Finances, a homeowner’s net worth is 44 times greater than that of a renter’s.
- More Tax Write-Offs
As a homeowner, you are able to include mortgage interest in your tax deductions.
- Signs You're Adulting
Live up to your potential by showing family and friends you are responsible.
- Energy Efficiency
Keep home operation costs low while protecting resources for future generations.
- Connected is Your State-of-Being
SMART home technology is your home operations co-pilot keeping everything on track.
- Live How You Want
Create your own living oasis including a work space, media room or garden wall.
- New Social Cache
You become the go-to destination for wine tastings, game day gatherings and alumni parties.
- Build Your Tribe
Neighborly connections create friendships that will last a lifetime.
- Share Your Style
You could land a DIY decorating show with your mad interior design skills.
Are you wanting to become a homeowner, but you are not sure if you are ready? Let us help you debunk those first-time homebuyer myths. Are you asking yourself, Should I move? Here are 8 signs it may be time to start looking.
Not sure if a new home is attainable or even the better option for you? Check out our 7 reasons why a new home is better than a used one.
When you are ready to start looking for your new home, use our Homefinder to narrow down your search. Explore new homes in Sweetwater.
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