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

472 Properties
Page 1 of 40
$149,500
Subdivision: Poinciana Village 01 Neighborhood 01 South
4
Beds
2
Baths
1,890
Sq.Ft.
1988
Year Built
2
Days on Site
O5808606
MLS
Come check out this ranch home in Kissimmee. This home offers 4 bedrooms, 2 baths, ceramic tile, great room and living room and vaulted ceilings. Refreshing and repairs are needed, paint, windows and...
$325,000
Subdivision: Orange Crest
3
Beds
2F11/2
Baths
1,619
Sq.Ft.
2016
Year Built
3
Days on Site
O5785329
MLS
This stunning 3 bed, 2.5 bath townhouse has everything you need and will be great for entertaining guests. The moment you enter this home you will fall in love with all of the wonderful features....
$170,000
Subdivision: Poinciana Nbrhd 05 North Village 03
3
Beds
2
Baths
1,076
Sq.Ft.
2005
Year Built
3
Days on Site
O5827165
MLS
Move in ready!! This property offers a delightful 3 bedrooms 2 baths split an open floor plan with new quartz counter top in the kitchen, stainless steel appliances. All the appliances stay. Very...
$142,000
Subdivision: Florida Palms
2
Beds
2F11/2
Baths
1,191
Sq.Ft.
1992
Year Built
4
Days on Site
S5026531
MLS
Amazing Condo centrally located in Kissimmee with a gated community, community pool and Tennis Courts. AC was replace a few months ago, includes all appliances washer, Dryer, Stove, Dishwasher and...
$179,900
Subdivision: Oakland Village Sec 3
3
Beds
2F11/2
Baths
1,159
Sq.Ft.
1983
Year Built
4
Days on Site
O5826924
MLS
This Beautifully Renovated 3BR/2.5BA MOVE-IN-READY townhouse in Altamonte Springs could be just what you are looking for. Features Updated Kitchen Cabinets, Granite Counter tops, Contemporary Glass...
$270,000
Subdivision: Lakes Estates
3
Beds
2
Baths
1,512
Sq.Ft.
2012
Year Built
3
Days on Site
O5788504
MLS
Built in 2012, Beautiful single family home, 3 Bedroom, 2 Bathroom, Open kitchen connects to a confortable family room, Kitchen has plenty of storage full ceramic title, 2 car garage and very quiet...
$499,000
Subdivision: Glenmuir
4
Beds
3F11/2
Baths
3,028
Sq.Ft.
2002
Year Built
5
Days on Site
O5826297
MLS
Spacious and elegant Windermere home located in a private and secure gated community has been tastefully upgraded and has nearly everything! 4 bd/3.5 bath. Entertain or relax in style in the formal...
$215,000
Subdivision: Adams Ridge
3
Beds
2
Baths
1,318
Sq.Ft.
1983
Year Built
7
Days on Site
G5022993
MLS
**Seller ia motivated** will consider all resonable offers **
A beautiful three-bedroom two-bath house on cul-de-sac. Large yard. Move in ready. Split Floor plan. Custom blinds, laminate...
$827,900
Subdivision: Laureate Park At Preserve
4
Beds
3F11/2
Baths
3,949
Sq.Ft.
2019
Year Built
7
Days on Site
O5826472
MLS
Spectacular home situated within Laureate Park's only gated community, The Preserve. This luxurious home has an open concept floor plan with natural light through the foyer, an elegant formal dining...
$218,000
Subdivision: Reagans Run
3
Beds
2
Baths
1,454
Sq.Ft.
1999
Year Built
8
Days on Site
G5022972
MLS
Great opportunity to buy a 3 bedroom/ 2 bathroom home in Reagans Run with no rear neighbor. This home has been freshly painted and is currently waiting on new carpet and a new owner. Don't let this...
$358,000
Subdivision: West Lake Hancock Estates
4
Beds
2
Baths
1,952
Sq.Ft.
2017
Year Built
8
Days on Site
O5826229
MLS
Embrace tranquility in this 4 bedroom 2 bathroom home in the highly desirable Winter Garden community Overlook at Hamlin! This home is practically new since it was built in 2017, so there are newer...
$199,500
Subdivision: Promenades/Bella Trae Ph 03
3
Beds
2
Baths
1,857
Sq.Ft.
2006
Year Built
7
Days on Site
S5026214
MLS
Peaceful panoramic views across conservation. Move-in ready, impeccably maintained townhome style condo. Popular Cormorant model is a split floor plan with 3 bedrooms and 2 bathrooms (3rd bedroom...

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