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Ranch/Rambler Homes

 Ranch Homes/ Rambler A Ranch Style home is an American original. Originating in the 1920’s with the post war boom of the middle class, this architectural style home fused modernist ideas with the American Western period of wide open spaces to create a casual lifestyle. One story living with a long low pitch roof and deep overhanging eaves. The roof line was primarily cross gabled, single gable or hip. The home itself was either rectangular, L or U Shaped. Many had an attached garage, others none at all. The floor plan was simple with the living area separate from the bedrooms. Often times a sliding glass door leads to a patio and feature large glass windows. The exterior materials used where typically locally sourced and mixed such as stucco, brick, wood or stone. By the 1950’s, nine in every 10 homes built were a Ranch or Rambler style. By the late 20th Century the Ranch style home began to wane and Neo-Eclectic homes became the rage with their combination of the Cape Cod, Mission, T

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 inflation.

4. There Are Still Substantial Tax Benefits in Owning

The new tax reform bill puts limits on some deductions on certain homes but the mortgage interest deduction is not the main source of these gains.

5. Housing Is Typically the One Leveraged Investment Available

Homeownership allows homeowners to amplify any appreciation on the value of their homes by a leverage factor. A 20% downpayment results in a leverage factor of 5, meaning every percentage point rise in the value of your home is a 5% return on your equity. If you put down 10% , your leverage factor is a 10.

Bottom Line:

From a financial standpoint, owning a home is and will always be better than renting.





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