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Reasons to Own Your Own Home.

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The real estate industry has definitely gotten a bad reputation over the last few years, but that doesn't mean that owning your own home is a bad thing. Here are some reasons why home ownership is still a good idea.

Rated 0 points - posted 6 years ago by keilania in category Home.
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1.

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Tax breaks. Report Abuse
Homeowners are subject to more tax benefits than renters.
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2.

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Sense of security. Report Abuse
When the mortgage is yours, you know if it's being paid. There won't be any surprise evictions.
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3.

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Freedom to decorate. Report Abuse
Homeowners don't need a landlord's approval to change paint colors or countertops.
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4.

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It's an investment. Report Abuse
Even in a down market, at least a mortgage payment is going toward something tangible.
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5.

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Pets. Report Abuse
Most landlords have strict policies about the size and number of pets you can have in a rental property.
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6.

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You have something substantial you can pass down to your kids. Report Abuse
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7.

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You feel like a grown up. Report Abuse
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8.

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Less moving. Report Abuse
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9.

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It's much harder to get evicted. Report Abuse
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10.

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Any improvements you make to the house benefit you and not a landlord. Report Abuse
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11.

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A houseguest can move in permanently and it's still no one else's business. Report Abuse
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12.

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Your houseguests are your business. Report Abuse
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13.

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You will learn new skills like how to patch drywall or repair leaky toilets. Report Abuse
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14.

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You will have a new appreciation for home improvement television shows. Report Abuse
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15.

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Someday the mortgage will be paid off. Report Abuse
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16.

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Regular payments build a strong credit rating. Report Abuse
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17.

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Better deals on auto insurance. Report Abuse
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18.

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Feel more a part of the surrounding community. Report Abuse
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19.

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Equity. Report Abuse
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20.

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No rent increases. Report Abuse
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