logo
g Text Version
Beauty & Self
Books & Music
Career
Computers
Education
Family
Food & Wine
Health & Fitness
Hobbies & Crafts
Home & Garden
Money
News & Politics
Relationships
Religion & Spirituality
Sports
Travel & Culture
TV & Movies

dailyclick
Bored? Games!
Nutrition
Postcards
Take a Quiz
Rate My Photo

new
Action Movies
Bible Basics
Houseplants
Romance Movies
Creativity
Family Travel
Southwest USA


dailyclick
All times in EST

Low Carb: 8:00 PM

Full Schedule
g
g Home Ownership Site

BellaOnline's Home Ownership Editor

g

Why Should You Buy a Home?

Guest Author - Rose Mary

You love where you live, in your nice cozy little apartment. You may be looking for a new apartment and find that rents are going up higher and higher. Why would you ever want the responsibility of owning your own home? Why should you even consider it? Especially when the housing market is sinking.

Here are a few good answers

Pride of ownership - There's nothing like the feeling you get from working really hard to accomplish something, or saving your money to purchase something you've wanted for a long time. It's kinda like that when you buy your own home, only better.

It's a place you can make your own, with your own colors and decorating style, and no one else can tell you what to do with YOUR HOME, unless of course you live in a development with a strict homeowner's association and deed restrictions.

Building equity - Once you decide to buy your first home, you're in the homeowner game, and you've got a piece of some of the most desirable real estate on the planet. The equity you start building over time gives you options such as moving into a larger house or a better neighborhood.

Tax advantages - Writing off your mortgage interest and property taxes on your income tax returns is one of the few remaining tax breaks left. Use it while you can.

You have control - When you rent, you have no control. You pay whatever rent the landlord charges, and it can change every few months or every year, and it usually just goes up. You can be given a 30 day notice to vacate the premises for any number of legitimate reasons. In this case, unless you have a signed lease, you have no say and you just have to start packing. The owner may decide to sell the house while you're still living in it. In this case, you get strangers walking through your home. You can't knock down walls and remodel. In fact, you're lucky if they let you paint the interior walls a color you actually like. When you rent, you're just helping someone else get rich by paying their mortgage. Why not pay your own mortgage?

Right now, while the housing market is down, it is a opportune time to consider buying a home at record low housing prices and record low mortgage rates.
This site needs an editor - click to learn more!

Add Why+Should+You+Buy+a+Home%3F to Twitter Add Why+Should+You+Buy+a+Home%3F to Facebook Add Why+Should+You+Buy+a+Home%3F to MySpace Add Why+Should+You+Buy+a+Home%3F to Del.icio.us Digg Why+Should+You+Buy+a+Home%3F Add Why+Should+You+Buy+a+Home%3F to Yahoo My Web Add Why+Should+You+Buy+a+Home%3F to Google Bookmarks Add Why+Should+You+Buy+a+Home%3F to Stumbleupon Add Why+Should+You+Buy+a+Home%3F to Reddit




RSS | Related Articles | Editor's Picks Articles | Top Ten Articles | Previous Features | Site Map


For FREE email updates, subscribe to the Home Ownership Newsletter


Past Issues


print
Printer Friendly
bookmark
Bookmark
tell friend
Tell a Friend
forum
Forum
email
Email Editor


Content copyright © 2014 by Rose Mary. All rights reserved.
This content was written by Rose Mary. If you wish to use this content in any manner, you need written permission. Contact BellaOnline Administration for details.

g


g features
Homeownership is a Responsibility

Is a Refinance Right For You?

Should You Own a Home

Archives | Site Map

forum
Forum
email
Contact

Past Issues
memberscenter


vote
Poetry
Daily
Weekly
Monthly
Less than Monthly



BellaOnline on Facebook
g


| About BellaOnline | Privacy Policy | Advertising | Become an Editor |
Website copyright © 2014 Minerva WebWorks LLC. All rights reserved.


BellaOnline Editor