Why Buying a Home is a Good Idea

Freedom & Individualism

When you rent, you are normally limited on what you can do to
improve your home. You have to get permission to make certain types
of improvements. Nor does it make sense to spend thousand of dollars
painting, putting in carpet, tile or window coverings when the main
person who benefits is the landlord and not you.

Since your landlord wants to keep his expenses to a minimum, he or
she will probably not be spending much to improve the place, either.

When you own a home, however, you can do pretty much whatever
you want. You get the benefits of any improvements you make, plus
you get to live in an environment you have created, not some faceless
landlord.

More Space

Both indoors and outdoors, you will probably have more space if you
own your own home. Even moving to a condominium from an
apartment, you are likely to find you have much more room available –
your own laundry and storage area, and bigger rooms. Apartment
complexes are more interested in creating the maximum number of
income-producing units than they are in creating space for each of the
tenants.

If you are moving to a home for the first time, you are going to be very
pleased with all the new space you have available. You may have to
even buy more "stuff."

copyright 2000 by Terry Light and RealEstate ABC, revised 2002