No man but feels more of a man in the world if he have a bit of ground that he can call his own. However small it is on the surface, it is four thousand miles deep; and that is a very handsome property.
~Charles Dudley Warner
The “American Dream” has included owning a home, complete with the obligatory “white picket fence”. But is homeownership for right for you? There are pros and cons to homeownership. I have highlighted some of the most common concerns below. If you want any more information about any of these topics, please feel free to give me a call at 303-868-3838 or visit my website at www.DianeIsDedicated.com
Pros and Cons of Owning a Home
| PROS | CONS |
| The house is YOURS; you can do whatever you want (as long as it’s legal, and your HOA allows it) to your house. | When something breaks, you need to fix it or pay someone to fix it for you; Many small home improvements can add up to big dollars invested in upkeep expenses. |
| You build equity every time you make a mortgage payment. | Can’t pick up and move anytime you want. You’d need to either find a renter, for your home, or sell it before you can relocate. |
| Stability- you don’t need to worry about your rent payment going up | Time consuming to maintain a property. |
| No landlord to deal with. | |
| Tax benefits. | |
| No pet restrictions | |
Watch for my next blog: Tips for buying a new home!
**Please note that all information posted herein is deemed accurate as of the date of this posting. If you would like to verify any information, or find out about current listings, you can visit www.dianeisdedicated.com**
Diane Peltier www.dianeisdedicated.com EXIT ONE REALTY
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