Homeownership Rather Than Renting

Granted, there are some cons of buying, let us say

, San Antonio real estate property, but if you will really think about it, all these drawbacks is insignificant if you look at the brighter side of owning a home. Buying a property, especially to make it as your own residential property, is such an enjoyable process, even though you might also be encountering difficulties and minor hassles during the procedures. One of the most exciting parts of homeownership is the process of visiting and viewing properties, let us say, San Antonio Homes for Sale that are currently included in San Antonio MLS. You may not be agreeing to all these things and just believe that renting a property is much more advantageous. However, try to look at the other benefits and perks of home buying listed below. It can change your mind easily, and who knows, later today, you are already looking for available San Antonio Real estate properties.

1.You OWN the property! The house is already yours and because you own it, you have the whole freedom to do anything you want to do with it. Paint it with your favorite color, put a swimming pool, renovate is as often as you want, have many pets and decorate the property as grand as you are imagining it to be.

2.Live in a community. If you buy a house located in a neighborhood, it gives you the chance to experience a community or neighborhood living where you can connect and be friends with other residents in the area. For most home owners, it gives them a chance of belonging if they are part of a certain organized community. Everyone surely likes to have friends and neighbors visiting their home and enjoying a little barbeque party while knowing more about the happenings in and around the neighborhood.

3.Increase credit rating. If you pay your monthly mortgage dues consistently, then expect to see an increase in your credit rating. Always pay your bills responsibly so you can enjoy the perks of scoring a high credit rating.

4.Raise home equity value. The better the equity of your home, the better. This will only mean that the property will have increased market value, because of the mortgage you are regularly paying for the house.

5.Consistent payment. Fixed-rate mortgages allow you to pay non-increasing monthly mortgage payments. This is different from renting which can ask for increase in the rental fee any time. Furthermore, paying for your home stops after ten years or more and by that time, you are already the official owner of the house, without the threat of being closed by the lender. You will be from mortgage debts by them.

6.Increasing market value. Buying a home will always be a wise investment. As the propertys value increase over time, its market value also changes. If you want to sell your house, you can ask for a higher selling price.

7.More secure and comfortable. It is definitely more comfortable and peaceful to sleep in a house that you know you really own. You can stay and live in the property for as long as you want, without having troubles following rules and guidelines that are usually implemented in rented properties.

by: William Houser

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