Why Buying a Home is a Good Idea
Freedom and Individualism
When you rent, you are normally limited
on what you can do to improve your home. You have to get permission to
make certain types of improvements. Nor does it make sense to spend
thousand of dollars painting, putting in carpet, tile or window
coverings when the main person who benefits is the landlord and not you.
Since your landlord wants to keep his
expenses to a minimum, he or she will probably not be spending much to
improve the place, either.
When you own a home, however, you can do
pretty much whatever you want. You get the benefits of any improvements
you make, plus you get to live in an environment you have created, not
some faceless landlord.
More Space
Both indoors and outdoors, you will
probably have more space if you own your own home. Even moving to a
condominium from an apartment, you are likely to find you have much more
room available – your own laundry and storage area, and bigger rooms.
Apartment complexes are more interested in creating the maximum number
of income-producing units than they are in creating space for each of
the tenants.
If you are moving to a home for the first
time, you are going to be very pleased with all the new space you have
available. You may have to even buy more "stuff."
©2000 by Terry Light and RealEstate ABC, revised 2004 |
