Is Home-ownership For Me?

Dated: August 20 2018

Views: 196

Everyone says Home-ownership is the American dream...but is it right for you?

Pros of Renting

*More mobility

*Not responsible for most maintenance

*Overall costs may be lower

Cons of Renting

*Repairs may not be made in a timely manner

*Rent increases

*No tax advantage

*Landlord may sell the property

*Fewer consumer protections against eviction

Pros of Home-onwership

*Tax benefit

*Equity

*Long term investment

*Stable housing costs

*Consumer protections in foreclosure

*Freedom to control your envionment

Cons of Home-ownership

*Maintenance

*Loss of Mobility

*Potential Investment Risk (appreciation vs Depreciation)

*Increased costs (utilities, HOA, upkeep)

Personally, I think the PRO's of home-ownership outweigh the CON's!   I would love to speak with you help answer any questions you may have regarding home-ownership and how we can make your dream become a reality!

Jeni VanOrnum 
CNE - Certified Negotiation Expert
Mentor/Trainer/Instructor At EXIT Realty Cherry Creek 
Direct: 303-475-3880
Thinking about moving?
Text "Jenivo" to 85377 For 
My Mobile Business Card!

Blog author image

Jeni VanOrnum

Hello, I'm Jeni, a passionate real estate professional with over 27 years of experience in the dynamic Colorado market. Specializing in the Castle Rock area, I help buyers, sellers, and inve....

Latest Blog Posts

ðŸ›‹ï¸ Staging Isn't Decorating: How Buyers Actually Experience Your Home 👀

ðŸ›‹ï¸ Staging Isn't Decorating: How Buyers Actually Experience Your Home 👀When homeowners hear the word “staging,” it's easy to picture furniture and décor.Perfect pillows

Read More

How Communities Can Support Aging Adults: Building Places Where Seniors Can Thrive

By Melanie HoodAs more Americans choose to remain active well into their retirement years, communities have an incredible opportunity to become places where older adults can continue living safely,

Read More

🎠Could a Teacher Actually Afford to Buy Near Their School? Let's Talk Strategy 📚

🎠Could a Teacher Actually Afford to Buy Near Their School? Let's Talk Strategy 📚Over the last few weeks, I've been talking about CHFA's new Schools To Home program for Colorado public-school

Read More

🔠Should You Get a Pre-Listing Inspection Before Selling Your Home? ðŸ 

🔠Should You Get a Pre-Listing Inspection Before Selling Your Home? ðŸ Most buyers understand why they might want a home inspection.But here's a question sellers don't hear nearly as often

Read More