Ep 005 - Other advantages of buying a home

June 9, 2017

Advantages of buying a home, other than, it is a good investment and makes financial sense

You Build a Strong Credit History

When you buy a home and consistently make your monthly loan payments on time, it demonstrates to other lenders that you are a good borrower and the risk of you defaulting on a loan is low. This strong credit history will be helpful in the future when you need other loans for buying a car, making improvements to your home, or paying other major expenses.

You’re Free to Create the Home You Want

Homeownership offers tremendous freedom to create the living environment that you have always wanted. You can own pets, paint rooms whatever color you like, make changes to floors and carpeting and do all the things that make a house your home – all without having to get approval from a landlord.

Pride of Ownership

Pride of ownership is the number one reason why people yearn to own their home. It means you can paint the walls any color you desire, turn up the volume on your CD player, attach permanent fixtures and decorate your home according to your own taste. Home ownership gives you and your family a sense of stability and security. It's making an investment in your future.

Stability

You create a stable living environment for long term.  Less stress less worry. A land lord could sell the home at any time leaving you out.  Stable environment for children schools and friends.  Home ownership creates stable environment for your friends.  Stable costs so you can budget for long term

Privacy

Proximately to neighbors No

nosey land lord.  No one in your business

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