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5 Reasons Buying a Home is Better Than Renting!

Purchasing a home offers amazing financial benefits. Renting a home offers amazing financial benefits for the owner of the property you are renting from. Keep that in mind the next time you think about staying in your rental.

1. You Are Paying For A Home Regardless if You Rent or Buy

Some will argue renting eliminates the costs of property taxes and home repairs. All renters should realize that all the expenses your landlord must incur (property taxes, repairs, insurance and etc.) are rolled into your rent anyway along with profit margin.

2.  Home Ownership Is a Form of Forced Savings

Studies have shown homeowners have a net worth 44X times higher than a renter. It was recently estimated that a family buying a average home this past January could build more than $40,000 in family wealth in the next five years.

3. Owning Is a Hedge Against Inflation

Home values and rents tend to go up at or higher than the rate of inflation. When you own, your home's value will protect you against in…

Visit St. Croix: The SeaBreeze in Frederiksted

I have a habit of dreaming up places I want to go, see and places I want to eat. I am sharing where I would stay today. St. Croix has been on my wishlist for ages now! I have talked my mother into moving here.... my husband not so much. 

If I was to visit St. Croix anytime soon, this is where I would stay. This is a personal home named The SeaBreeze located in Frederiksted. 


Why would I stay here? For one, this is the best end of the island for beaches. For two, you are a short drive into town but far enough, the hustle and bustle wouldn't be too loud for your vacation. For three, the owners have multiple items available for use while there including snorkeling gear and beach chairs. 


All photos from here.




Comments

  1. Thank you, I just saw this today. I am glad you enjoyed your stay at the Seabreeze.

    ReplyDelete

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