March 19, 2010 at
9:23 am
As a recent homeowner, memories of renting are fresh in my mind. While renting was perfect for me at the time, I very much appreciate owning my own home and not having to deal with landlords. Actually, there are quite a few things I do miss about renting.
I miss being told what colors I can paint my walls.
I miss being told I won’t get my security deposit back because of a small stain on the carpet.
I miss being told I need to move out because they are turning my apartment into condos.
I miss paying for my landlord’s vacations.
Wait… these things shouldn’t be missed!
If you’re a renter, contemplating purchasing a house (how could you not consider with the $8,000 tax credit as an incentive) I challenge you to do the math – what you’re paying now as a renter, versus an estimated mortgage for a house in your desired neighborhood.
Purchasing a home is the best investment you can make.
Happy Homebuying!
Joe
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Joe,
Great insights on the compare/contrast aspect of owning vs renting. Another REALLY important, often overlooked aspect of homeownership is the income tax deductions of mortgage interest and property taxes! Our website has a page explaining the benefits of those tax deductions!
Pat Mullikin
Realtor
Keller Williams Realty – Milwaukee
414-305-1949