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

300 Properties Found. Showing 1-12
Sort By:
8020 Windy Hill Way
Orlando, FL 32818
8020 Windy Hill Way Orlando, FL 32818
1 of 11
$204,900 ( $1,840,000 )
Subdivision: Grove Hill
BEDS
3
BATHS
2
SQ.FT.
1,180
BUILT
1986
ON SITE
3Days
MLS
O5746296
Nicely renovated with newer kitchen and newer flooring throughout the home. Bathrooms have been nicely updated with newer vanities and extras! Freshly painted! MUST SEE! This 3 bedrooms, 2 bathrooms,...
000 Confidential Ave.
Orlando, FL 32832
000 Confidential Ave. Orlando, FL 32832
1 of 10
$332,400 ( $17,400 )
Subdivision: N/A
BEDS
4
BATHS
3
SQ.FT.
2,707
BUILT
2004
ON SITE
3Days
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....
12381 Sawgrass Prairie Loop
Orlando, FL 32824
12381 Sawgrass Prairie Loop Orlando, FL 32824
1 of 19
$309,990 ( $10,000 )
Subdivision: Sawgrass
BEDS
4
BATHS
2
SQ.FT.
1,850
BUILT
2015
ON SITE
5Days
MLS
O5745685
This spotless one level ranch home features 4 spacious bedrooms, 2 bathrooms, a covered patio. As you enter the house you will instantly notice the open floor plan and beautiful wood-look like tile...
603 Brockton Drive
Kissimmee, FL 34758
603 Brockton Drive Kissimmee, FL 34758
1 of 21
$144,900 ( $1,304,100 )
Subdivision: Poinciana Village 01 Neighborhood 03
BEDS
3
BATHS
1
SQ.FT.
988
BUILT
1995
ON SITE
5Days
MLS
O5745999
CHARMING and uniquely cozy 3 bedroom home with all ceramic tiles and an open floor plan perfect for the family that likes an easy to maintain living space. In a quiet Neighborhood with a large...
1146 Appleton Avenue
Orlando, FL 32806
Open House
1146 Appleton Avenue Orlando, FL 32806
1 of 24
$395,000 ( $5,000 )
Subdivision: Southern Belle
BEDS
3
BATHS
2
SQ.FT.
2,006
BUILT
1971
ON SITE
7Days
MLS
O5745888
Brand new to the market is this completely Remodeled 3 bedroom and 2 bath home with 2006 sq. ft. of living space. This house has so many features from the new architectural roof with 2 powerful solar...
14636 Potanow Trail
Orlando, FL 32837
14636 Potanow Trail Orlando, FL 32837
1 of 50
$419,000 ( $6,000 )
Subdivision: Hunters Creek Tr 235A Ph 02
BEDS
5
BATHS
4
SQ.FT.
2,528
BUILT
1989
ON SITE
7Days
MLS
O5744629
Awesome 5 bedroom, 3.5 Bath home with massive lanai that backs up to fruit trees and conservation forest and contains a huge pool, spa and large custom stone style waterfall. Lanai also has plenty of...
2920 Fairweather Way
Kissimmee, FL 34758
2920 Fairweather Way Kissimmee, FL 34758
1 of 11
$184,900 ( $12,100 )
Subdivision: Poinciana Estate Sec B
BEDS
3
BATHS
2
SQ.FT.
1,870
BUILT
2003
ON SITE
9Days
MLS
P4901847
3 bedroom 2 bath split bedroom with a office could be a 4th bedroom. Indoor laundry 2 car garage with 1,870 square feet living built in 2003. Located close to schools shopping and quick drive to...
2113 The Oaks Boulevard
Kissimmee, FL 34746
2113 The Oaks Boulevard Kissimmee, FL 34746
1 of 15
$280,000 ( $5,000 )
Subdivision: The Oaks
BEDS
4
BATHS
2
SQ.FT.
2,628
BUILT
2004
ON SITE
10Days
MLS
S5009382
A must see! This 4/2 with 2 car garage is located in a golf community. Everything you are looking for .... This home has a huge foyer with the formal living and dining on each side as you make your...
3673 Crescent Park Boulevard
Orlando, FL 32812
3673 Crescent Park Boulevard Orlando, FL 32812
1 of 37
$399,500 ( $5,500 )
Subdivision: Crescent Park Ph 01
BEDS
5
BATHS
3
SQ.FT.
2,600
BUILT
1995
ON SITE
10Days
MLS
O5745063
Welcome home! You'll be minutes away from Orlando International Airport, the Florida Mall, Sunrail, restaurants on Semoran, shopping on Lee Vista, the Beachline and downtown Orlando. This beautiful...
13 W Pierce Ave
Orlando, FL 32809
13 W Pierce Ave Orlando, FL 32809
1 of 12
$222,900 ( $16,100 )
Subdivision: Elmers Add
BEDS
4
BATHS
3
SQ.FT.
1,476
BUILT
1956
ON SITE
10Days
MLS
O5744975
This home has so much to offer for the price. You can live in this home and have a separate in law suite adjacent to the main home with its own mini kitchen and bath. You can comfortably enjoy the...
805 Terry Lynn Drive
Orlando, FL 32808
805 Terry Lynn Drive Orlando, FL 32808
1 of 25
$199,999 ( $24,901 )
Subdivision: Sun Ray Terrace
BEDS
5
BATHS
2
SQ.FT.
1,913
BUILT
1962
ON SITE
10Days
MLS
O5745187
Income Producer, one year lease in place expires November 2018. Tenant is paying $1,700 a month. After November 2018 it becomes month to month lease. New (2017) Premium four ton (HVAC) System with...
3111 Lake Margaret Drive
Orlando, FL 32806
Open House
3111 Lake Margaret Drive Orlando, FL 32806
1 of 32
$449,000 ( $31,000 )
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,288
BUILT
1956
ON SITE
11Days
MLS
O5744769
Gorgeous 3 bedroom 2 bath remodeled home on a private lake with show stopping back yard. This home is move in ready with brand new kitchen and open concept living room plus a huge family room with...

Post a Comment