Why is it Better Owning a Home than Renting

There are situations where it's advisable for a person to rent, but most often home ownership has many more benefits and advantages than renting.

Stable Housing Costs

Rent payments can be unpredictable and are typically increased every year, but most mortgage payments remain unchanged for the entire loan period. Equally if taxes or HOA payments go up, the increase is usually gradual. This stable housing cost especially notable in times of inflation, when renters tend to lose money and owners tend to make money.

Tax Savings

Homeonwers can be eligible for signifigant tax savings because you can deduct mortgage interest and property taxes from your federal income tax, as well as many states' income taxes. This can be a considerable amount of money at first, because the first few years of mortgage payments is made up mostly of interest and taxes.

Equity

Instead of payments making their way into someone elses pocket, home owners are building equity in their own home.  It is like having a schelduled savings account that grows faster the longer you have it. This is often one of a person's biggest investment assests.

If the property appreciates, and generally it does, your home equity grows. And you are the one who gets to take advanatge of that, not the landlord. You can then use this equity to plan for future goals like your child's education or your retirement.

It is Yours!

When you own a home you are in control. You the freedom to decorate it and landscape it any way you wish. You can have a pet or two. No one can pop in and inspect your home and threaten to evict you.

When considering home ownership, you need to weight the advantages and disadvantages for yourself. If you are like most people, you will find that homeownership is worth the risks and disadvantages.

See in the infograph below with some interesting and impresive stats of homeowners.

Is still the Dream

331 Properties Found. Showing 1-12
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3041 Goodrick Lane
Kissimmee, FL 34743
3041 Goodrick Lane Kissimmee, FL 34743
 
$255,900 ( $10,000 )
Subdivision: Campbell Cove
BEDS
4
BATHS
2
SQ.FT.
1,872
BUILT
2012
ON SITE
2Days
MLS
S5012278
Well maintained home, 4 bedrooms , 2 bathrooms, all tile and wood floors, granite counter tops, corner lot, water softener, garage opener , great location, close to restaurant, shopping and many...
1227 Sandestin Way
Orlando, FL 32824
1227 Sandestin Way Orlando, FL 32824
1 of 22
$274,900 ( $10,000 )
Subdivision: Sandpoint At Meadow Woods
BEDS
4
BATHS
3
SQ.FT.
1,822
BUILT
1999
ON SITE
3Days
MLS
O5757917
Perfect home with private pool on oversized corner lot! Brand new roof just installed. Freshly painted inside. Open kitchen with a new granite counter top installed. New appliances. Huge laundry...
4540 Commander Drive #2212
Orlando, FL 32822
4540 Commander Drive #2212 Orlando, FL 32822
1 of 26
$125,000 ( $4,000 )
Subdivision: Venetian Place
BEDS
3
BATHS
2
SQ.FT.
1,253
BUILT
1990
ON SITE
3Days
MLS
O5739103
A Beautiful updated condo at Venetian Place. Three Bedrooms Two Bathrooms. Stainless steel appliances and granite counter top.
Gorgeous floors and cabinets.Breakfast bar,and walk in closets. This...
1607 Water Elm Court
Orlando, FL 32825
1607 Water Elm Court Orlando, FL 32825
1 of 30
$389,900 ( $5,100 )
Subdivision: Woodland Lakes Preserve Un Ph 03
BEDS
4
BATHS
3
SQ.FT.
2,980
BUILT
2012
ON SITE
5Days
MLS
O5757167
WATER VIEWS TO RELAX TO... WOODLAND LAKES PRESERVE, a GATED COMMUNITY in EAST ORLANDO with a RESORT STYLE COMMUNITY POOL AND PLAYGROUND. You will be impressed with this GORGEOUS EXECUTIVE STYLE HOME...
000 Confidential Ave.
Orlando, FL 32832
000 Confidential Ave. Orlando, FL 32832
1 of 30
$300,100 ( $15,700 )
Subdivision: N/A
BEDS
4
BATHS
3
SQ.FT.
2,707
BUILT
2004
ON SITE
6Days
MLS
O5737027
Wonderful 2 story home features 4 bedrooms, 2.5 baths, all bedrooms upstairs, tile floors, neutral decor, large
master and master bath with dual vanities, separate shower and tub, 2 car garage....
7891 Horse Ferry Road
Orlando, FL 32835
7891 Horse Ferry Road Orlando, FL 32835
1 of 15
$451,600 ( $30,400 )
Subdivision: Westminster Landing Ph 02
BEDS
5
BATHS
3
SQ.FT.
3,457
BUILT
2001
ON SITE
6Days
MLS
O5751671
Beautiful spacious home in the gated community of Westminster Landing. Step inside to find 5 bedrooms, 3 baths, spacious kitchen with center island, breakfast bar and open to dining area, family room...
2350 E Jersey Avenue
Orlando, FL 32806
2350 E Jersey Avenue Orlando, FL 32806
1 of 26
$204,900 ( $5,000 )
Subdivision: Clover Heights Rep
BEDS
2
BATHS
2
SQ.FT.
1,106
BUILT
1949
ON SITE
6Days
MLS
O5739910
Welcome Home to this COMPLETELY renovated bungalow near downtown Orlando! This home features 2 bedrooms and 2 bathrooms. The list of upgrades goes on and on. Wood floors, updated kitchen with new...
000 Confidential Ave.
Orlando, FL 32837
000 Confidential Ave. Orlando, FL 32837
1 of 5
$799,900 ( $190,100 )
Subdivision: N/A
BEDS
4
BATHS
3
SQ.FT.
2,484
BUILT
1989
ON SITE
6Days
MLS
O5756393
BEAUTIFUL REMODELED HOME AT HUNTERS CREEK SUBDIVISION.
1100 Delaney Avenue #C 14
Orlando, FL 32806
1100 Delaney Avenue #C 14 Orlando, FL 32806
1 of 21
$169,999 ( $5,001 )
Subdivision: Lakeside/Delaney Park
BEDS
2
BATHS
1
SQ.FT.
998
BUILT
1964
ON SITE
8Days
MLS
O5756567
Location, location. Buyer wanted for beautifully landscaped LAKESIDE-DELANEY PARK CONDOMINIUM living at its finest. Desirable FIRST FLOOR CORNER UNIT, steps from PRIVATE CARPORT PARKING. Outdoor...
000 Confidential Ave.
Orlando, FL 32828
000 Confidential Ave. Orlando, FL 32828
1 of 15
$345,000 ( $5,000 )
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,887
BUILT
1998
ON SITE
7Days
MLS
O5753482
Great home in Stoneybrook East. Gated community open kitchen, split floor plan, carpet and tile floors, ready for yiu our ideas. Buyer Approval Required, Hoa does hold special events for adults, and...
2134 Turmeric Avenue
Orlando, FL 32837
2134 Turmeric Avenue Orlando, FL 32837
1 of 12
$225,000 ( $5,000 )
Subdivision: Pepper Mill Sec 01
BEDS
2
BATHS
2
SQ.FT.
1,208
BUILT
1982
ON SITE
7Days
MLS
O5756633
Beautifully remodeled home! Don't miss the chance to show this property. New flooring, cabinets, counter tops and more! Completely move in ready. Contact us today.
836 E Flag Lane
Kissimmee, FL 34759
836 E Flag Lane Kissimmee, FL 34759
1 of 8
$179,900 ( $20,000 )
Subdivision: Poinciana Village 01 Neighborhood 03 South
BEDS
3
BATHS
2
SQ.FT.
1,676
BUILT
1973
ON SITE
7Days
MLS
S5011967
***BEAUTIFUL PROPERTY IN DESIRABLE NEIGHBORHOOD OF POINCIANA **** ONE STORY HOME WITH 3 BEDROOMS AND 2 BATHS WITH A SCREENED POOL BACKYARD;FLOORING WITH CERAMIC TILE AND ONE YEAR OLD STAINLESS STEEL...

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