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

493 Properties Found. Showing 1-12
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5360 Diplomat Ct 103
Kissimmee, FL 34746
5360 Diplomat Ct 103 Kissimmee, FL 34746
1 of 11
$210,000 ( $15,000 )
Subdivision: Lucaya Village Ph 2
BEDS
3
BATHS
2
SQ.FT.
1,300
BUILT
2014
ON SITE
2Days
MLS
O5772260
LOWER PRICE NOW! GREAT OPPORTUNITY FOR INVESTORS! This beautiful 3 bedroom/ 2 bath definitely worth a look! Fully furnished and professionally decorated. Access to community amenities and less than 5...
764 Celebration Ave #2102
Celebration, FL 34747
764 Celebration Ave #2102 Celebration, FL 34747
1 of 22
$349,900 ( $50,000 )
Subdivision: Carlyle At The Villages Of Palm Aire
BEDS
2
BATHS
2
SQ.FT.
1,196
BUILT
2007
ON SITE
5Days
MLS
O5771819
A rare find! This beautiful 2-bedroom, 2-bathroom condo is located just steps from downtown Celebration and is available for lease. This first floor unit offers an attached private 1-car garage that...
000 Confidential Ave.
Orlando, FL 32807
000 Confidential Ave. Orlando, FL 32807
1 of 13
$199,900 ( $1,700,000 )
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,306
BUILT
1959
ON SITE
5Days
MLS
O5770914
WOW! Beautiful downtown Mid Century home ready for you to just move in! Gorgeous Big corner lot with lovely blooming plants surrounding the cozy brick backyard patio. Hardwood floors great you as...
1201 Monitor Avenue
Orlando, FL 32818
1201 Monitor Avenue Orlando, FL 32818
1 of 32
$215,900 ( $4,000 )
Subdivision: Oleander
BEDS
3
BATHS
2
SQ.FT.
1,260
BUILT
1987
ON SITE
4Days
MLS
G5013550
This home is a "MUST SEE". Newly renovated from top to bottom. This 3 bedroom 2 bath home is MOVE IN READY. The Home has a NEW ROOF, freshly PAINTED inside and outside and comes with a HOME...
3001 Pickfair Street
Orlando, FL 32803
3001 Pickfair Street Orlando, FL 32803
1 of 16
$345,900 ( $9,000 )
Subdivision: Ardmore Terrace 1St Add
BEDS
3
BATHS
2
SQ.FT.
1,247
BUILT
1958
ON SITE
6Days
MLS
O5771496
Must see Lake Como 3/2 newly renovated bungalow! This 1952 concrete block home was completely renovated inside and out in 2018. Home features an open floor plan with plenty of natural light. The...
2572 Roveri Avenue
Apopka, FL 32712
2572 Roveri Avenue Apopka, FL 32712
1 of 25
$419,000 ( $3,780,000 )
Subdivision: Estates/Sweetwater Golf & Cntr
BEDS
3
BATHS
2
SQ.FT.
2,091
BUILT
2017
ON SITE
6Days
MLS
O5771277
Prepare to be impressed with this beauty in the sought after golf community, Estates at Sweetwater. This 3bed/2bath home with 8' ft doors, arched doorways and high ceilings boasts over 2000sq ft of...
2840 Scenic Lane
Kissimmee, FL 34744
Open House
2840 Scenic Lane Kissimmee, FL 34744
1 of 31
$297,000 ( $3,000 )
Subdivision: North Shore Village Sub
BEDS
4
BATHS
3
SQ.FT.
2,372
BUILT
2010
ON SITE
5Days
MLS
O5767276
Why Build when you can Purchase this Stunning Turn Key DR Horton Home in the Gated Community of the Landings of North Shore. This home has everything a home owner could possibly desire from the Tile...
633 Trinidad Court #633
Winter Park, FL 32792
633 Trinidad Court #633 Winter Park, FL 32792
1 of 14
$114,900 ( $10,000 )
Subdivision: Winter Park Villas Condo
BEDS
2
BATHS
2
SQ.FT.
1,120
BUILT
1981
ON SITE
7Days
MLS
O5771257
Location, Location, Location! Own a condo in Winter Park Villas for well below any recently sold or "for sale" unit. Needs updating and TLC. Steps from Full Sail and a short drive to UCF and Orlando...
582 Brantley Terrace Way #207
Altamonte Springs, FL 32714
582 Brantley Terrace Way #207 Altamonte Springs, FL 32714
1 of 28
$138,900 ( $1,000 )
Subdivision: Brantley Terrace Condo Ph 1 Thru 7
BEDS
2
BATHS
2
SQ.FT.
1,046
BUILT
2000
ON SITE
7Days
MLS
O5771347
Wow! Take a look at this gorgeous, move-in ready condo in the highly sought after Brantley Terrace community! Built in 2000, this gated community has so much to offer. This 2nd floor unit has...
114 Sweetbriar Branch
Longwood, FL 32750
114 Sweetbriar Branch Longwood, FL 32750
1 of 22
$255,000 ( $20,900 )
Subdivision: Woodlands The
BEDS
3
BATHS
2
SQ.FT.
2,022
BUILT
1971
ON SITE
7Days
MLS
O5771332
Welcome to The Woodlands in Longwood! - a sought after community with quiet streets nestled with majestic oak trees. A well-maintained and established family oriented neighborhood, with A-rated...
109 S Ulysses Drive
Apopka, FL 32703
109 S Ulysses Drive Apopka, FL 32703
1 of 7
$164,000 ( $15,900 )
Subdivision: Wekiwa Manor Sec 01
BEDS
4
BATHS
2
SQ.FT.
1,413
BUILT
1959
ON SITE
8Days
MLS
O5771203
Tenant Occupied and willing to stay beyond the current lease. The lease expires 8/31/2019. This unique home has 4 bedrooms, 2 baths and a family room. In the yard a sturdy Gazebo to enjoy the...
12914 Penn Station Court #202
Orlando, FL 32821
12914 Penn Station Court #202 Orlando, FL 32821
1 of 6
$212,900 ( $6,100 )
Subdivision: Discovery Palms
BEDS
2
BATHS
2
SQ.FT.
1,299
BUILT
2003
ON SITE
8Days
MLS
G5013390
Consider this spacious 2 bedroom and 2 bathroom with loft in Discovery Palms. Convenient to shopping, the parks, and all major roadways, this condo is located in one of the quaint two-story private...

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