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

604 Properties
Page 1 of 51
$189,900
Subdivision: Breezewood
4
Beds
2
Baths
1,200
Sq.Ft.
1970
Year Built
6
Days on Site
J907024
MLS
Look no further. This impeccable fully renovated four bedrooms two baths house is turn key and ready to move in. Just get the keys and enjoy new kitchen with granit countertops and backsplash. All...
$239,950
Subdivision: Indian Point Ph 06
4
Beds
3
Baths
1,740
Sq.Ft.
1999
Year Built
6
Days on Site
S5020802
MLS
Reduced to sell!!.vacant former rental home in ever popular subdivision.4 beds and 3 full baths plus a large living with separate dining area.
Good sized ,screen elcosed pool and lanai to the...
Open 8/24
10835 Dominico Street Orlando, FL 32825
$215,000
Subdivision: Park Manor Estates
3
Beds
2
Baths
1,042
Sq.Ft.
1960
Year Built
6
Days on Site
O5806930
MLS
Beautiful Remodeled Home Locate In The Heart Of Orlando At Highly Desired Park Manor Estates Community Without HOA. This Gorgeous Home Is Featuring 3 Bedrooms 2 Baths; Spectacular And Upgraded...
Open 8/24
1540 Hoffner Avenue Orlando, FL 32809
$280,000
Subdivision: Belle View Place
3
Beds
2
Baths
1,584
Sq.Ft.
1946
Year Built
7
Days on Site
O5806366
MLS
Well-appointed home with lake Conway access...must see...beautiful views... won't last long...upgrades galore...gas range...Large rooms...sought after area...make your appointment today. :)
$200,000
Subdivision: Lake Doe Cove Ph 01 48 57
4
Beds
2
Baths
1,865
Sq.Ft.
2001
Year Built
7
Days on Site
O5748189
MLS
Short Sale. SHORT SALE. A 4/2 in Doe Lake Estates conveniently located in the growing community of Apopka. House is being sold AS-IS, WHERE IS with no inspection contingency. Recommend viewing the...
$224,900
Subdivision: Oakland Estates
3
Beds
2
Baths
1,434
Sq.Ft.
1966
Year Built
7
Days on Site
O5806656
MLS
Cozy house with great front presence. New roof done 2018, nice granite counter tops in kitchen, dark cabinets, new painting inside house, remodeled bathrooms, beautiful dark wood look tile on entire...
$275,000
Subdivision: Waterford Lakes Tr N32
3
Beds
2
Baths
1,694
Sq.Ft.
1996
Year Built
7
Days on Site
S5022261
MLS
Beautiful 3 bedroom 2 bathroom single story home, with a private pool and 2 car garage!! Features include formal living/dining room combo, family room, large open kitchen. Washer/Dryer hookups...
$339,900
Subdivision: Shire At West Haven Ph 01
5
Beds
4
Baths
3,221
Sq.Ft.
2008
Year Built
9
Days on Site
O5805910
MLS
Wow! What a beauty. You have to come see this amazing furnished 5 bed, 4 bath 3221sf pool home that backs up to wetlands and is located in a gated community, next to ChampionsGate and is close to...
$259,000
Subdivision: Lake Barton Village First Add
3
Beds
2
Baths
1,614
Sq.Ft.
1958
Year Built
9
Days on Site
O5805978
MLS
STOP THE CAR FOR THIS BEAUTIFUL NEWLY RENOVATED AZALEA PARK HOME! This 3 bedroom 2 bath home has Brand New Luxury Vinyl Plank flooring, Updated bathrooms, Paint throughout, Updated kitchen and Brand...
$249,900
Subdivision: Willow Creek Ph 03A
3
Beds
2
Baths
1,554
Sq.Ft.
1989
Year Built
9
Days on Site
O5806245
MLS
Amazing 3 bedroom POOL HOME located in lovely Willow Creek of Orlando. Huge fenced corner lot with tons of outside space to spare - including large RV parking space, shed and pool oasis. Home...
$169,900
Subdivision: Angebilt Add
3
Beds
2
Baths
908
Sq.Ft.
1927
Year Built
9
Days on Site
O5806281
MLS
Immaculate and move in ready. Total rehab: all laminate wood and tile floor, ceiling fans, central air, 42" shaker kitchen cabinets, granite counter tops, new roof, new electrical panels, new...
$259,900
Subdivision: Rose Bay Ph 01 49 28
3
Beds
2
Baths
1,530
Sq.Ft.
2003
Year Built
9
Days on Site
S5022232
MLS
Beautiful house located in a gated community. The property offers an open view from the kitchen area toward the living and dining area. All the appliances are stainless steel with a beautiful grey...

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