Break up With Your Landlord
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by Jamohl DeWald
- March 3, 2023
- Buying Real Estate, Mortgage, Real Estate, Real Estate Investment
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If you’re ready to break up with renting, send us a message! Here are just a few perks of owning: fixed monthly payments (no more rent increases), freedom to decorate and renovate as you please, and the benefit of equity you can use later!
#BetterCallADeWald 503.545.4945
Why you should break up with your landlord.
Financial Benefits: Owning a home can be a good investment in the long run. Real estate usually appreciates over time, which means your property can increase in value, building equity for you. This can also be an additional source of income, as you can potentially rent out a room or portion of your home. Additionally, owning a home can provide tax benefits in terms of deducting mortgage interest and property taxes.
Freedom and Flexibility: When you own a home, you have more control over how you use the space. You can renovate or redecorate the property to your liking without needing permission from a landlord. Additionally, you have more freedom to make changes in the community or neighborhood you live in, such as planting a garden or installing a fence.
Stable Housing Costs: Rent prices can fluctuate and increase over time, but with a fixed-rate mortgage, your monthly housing costs will remain stable. This can provide peace of mind and make budgeting easier.
Sense of Community: Homeownership often comes with a sense of pride and attachment to the community. You may feel more invested in the neighborhood and want to participate in local events or initiatives.
Of course, there are also potential drawbacks to consider, such as the cost of maintaining a home and the responsibility that comes with being a homeowner. Ultimately, the decision to become a homeowner should be based on your individual financial situation and personal preferences.
#realestate #realestateagent #homebuying #homeowner #homeownership #homebuying #homesearch #JDPDXRealEstate

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