What Homeownership Can Mean for You

Blackwood Real Estate Advisors June 12, 2015

What Homeownership Can Mean for YouWhen you’ve never owned your wholesale NBA jerseys home, your relationship to it is less personal. Let’s face it, when something goes wrong in your rented apartment, you call the landlord or manager to fix it. You don’t worry about insurance against natural MEETING disasters, save up wholesale mlb jerseys for that new roof or upgraded furnace, or myriad other requirements cheap mlb jerseys of homeownership. After all, you just live there.

Homeownership changes all of that. You are your landlord! You are the manager, and all those repairs and upgrades? Tail They’re your responsibility now.

So, do Exp you really want Wholesale Washington Redskins Jerseys to own a home? Yes! And here’s why:

Equity

When you b??kit own wholesale nba jerseys your home, Times every payment that you make toward your mortgage principle (i.e. not an interest only payment) increases your equity (ownership stake) in wholesale MLB jerseys your property. As a renter, your payment goes toward the property owner’s cheap mlb jerseys equity. cheap nba jerseys You also gain equity when the fair (Referral) market value of your home increases due BETLEM to changes in the mit market, economic growth in your region, or shortages in housing due to increased demand. And, if you make useful improvements after you purchase your home, both your improvements and your principle payments may increase your equity.

Predictable payments

As Opens property values and costs increase, rents go up. I If you are not in a rent-controlled situation, you have no control over Format what your lease payment will be from year to year. When your current lease ends, you may find yourself priced out of your building wholesale mlb jerseys or neighborhood. When you buy The a PAYALL home with a fixed-rate mortgage, particularly in an area that does not have association dues, your monthly and yearly wholesale jerseys outgo is steady and stable. Having predictable payments allows you to wholesale jerseys stick Homeownership cheap jerseys from China to cheap nfl jerseys your budget.

A place of your own

We teach our children to save up for that toy they want, and that teenager to work toward the cost of wholesale jerseys that first Winter car because we know that the personal investment brings My pride of ownership, increased responsibility, and appreciation for Sea the cost and value of the object. cheap nba jerseys When you buy your own home and have the responsibility of caring for it, you work toward keeping it jerseys in the best Mean possible condition and presentation. When something is technical broken, you fix it. When it needs and upgrade, you save up for it. It becomes cheap jerseys an extension of you and your dream for yourself and your family.

You also take more pride in how your home appears to your neighbors. You know cheap jerseys with that if yours is the only uncut lawn, YEARS your standing in your neighborhood Zinio diminishes. Neighbors that work together to increase the curb Tipps, appeal of the entire neighborhood have not just pride of ownership, but also a sense of belonging. Common improvements to the neighborhood raise the value of everyone’s property.

Homeownership changes you. It grounds you to your community and connects cheap jerseys you to your neighbors. If you’ve never owned a home, start V.3 by contacting us. Buy We are professionals in real estate. We can get you started toward homeownership and its many benefits.

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