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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…

Why Your Home Didn't Sell

As a Realtor, I look at hundreds of homes. It always saddens me when I see homes expire from the MLS (Multiple Listing Service) because it means that the people who own them have to continue to hold on to them long after the fact they need to sell them. After viewing homes for awhile, a couple of items that jump out at me scream: Don't Buy Me!


Tacky Light Fixtures: What is the problem in purchasing lighting from this decade? It's inexpensive to install and buy. Check out Lowe's or Home Depot before listing your home and find a new fixture for over your dining room table and your entry. You will be amazed out the results.

Laminate Kitchen Countertops in Houses over $500,000: If you are listing your home and want over $500,000, you need to upgrade your countertops in your kitchen from a laminate to granite or engineered stone. It is what people are looking for in this price range.  If you don't offer it in the home you are trying to sell, you can forget it. They will look elsewhere.

Yellow Wood Cabinetry: These houses sit the longest and it's your builder's fault, not yours. Painting cabinetry is time consuming and expensive but if your really need to sell and fast, Do it.

Dirty Baseboards and Molding: Seeing dirt on your baseboards and moldings tells me and potential owners you have not cared for your home. It is an easy fix and one you can hire out for not much money.

Yellow and Red Paint Schemes: It's done. It's over. Find a gray and paint your walls this color.

Animal Smells: We all love our animals but that doesn't mean other people love our animals. If your home smells of urine, people are very turned away. You may not even smell it because you are so used to it but others do.

Ask your Realtor thinks about these reasons and see if they agree.

Good Luck and Happy Listing!





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