Are you thinking about buying a home? It can be a little overwhelming if you are thinking about making the transition from renting to buying a home. It can be a great decision no matter when you decide to buy. Here are some reasons that buying a home is great:
You can do whatever you want.
If you want to paint your walls you can. If you want to replace the countertops or cabinets in your kitchen you can. You don’t have to ask for permission. You are in control. As long as something doesn’t compromise the integrity of your home and is within budget you can do whatever you want. If HGTV makes you want to knock down that nonload bearing wall go for it. Y
You can save money.
If you are smart about your mortgage options and refinancing, you can spend less on your mortgage than you do on your monthly rent. This can let you put some of that extra money into savings for your future.
You can build home equity.
Creating a schedule and making smart home improvements can help increase your home equity even more.
You can finally get a dog.
Having a dog in an apartment can be a real hassle. Many apartments don’t allow dogs or charge more in pet rent. Those that do allow dogs can have weight or breed restrictions. Having a house puts you in charge and lets you get that 80lb dog. It also gives you space for the pup to live in.
Think of all the things you can store in a garage! You can stop storing things in a storage unit or the trunk of your car and put them in a garage instead. The fact that you’ll always know where you parked your car is an added bonus.
The best part of being a homeowner is the feeling of home and making it your own.