Skip to main content

Buying A Home: The Personal Benefits Of Ownership

You may have heard over and over again that owning a home is wonderful and truly a dream come true. Certainly there are risks involved with purchasing a home, but when there are so many positives, they can in turn outweigh the negatives. If you have played it safe and have been renting for years, you are throwing your money out the window. You are making the landlord rich, but do you get any benefits?

What are your benefits of owning a home?

Let's take a look at renting. When you are renting a place, you are automatically limited as to how you can transform the space and make it your own. In other words, there is very little personality you can infuse into a rented space. Any improvements you make will ultimately benefit the landlord and not you.

Does it really make sense to spend money to improve someone else's space? Probably not. In any case, you may not even be able to paint the walls a different color than eggshell white without having to ask for permission from the landlord. At the end of the day, the landlord gets the last word in and not you.

If the place you are renting has severe structural damage, mold, old carpeting or any other number of things, there is little chance that your landlord will ever fix them. The point is to increase the profit margin by spending a minimal amount of money on fixing the building, so your comfort is not important.

When you choose to own a home, you are given freedom to decorate your home as you pretty much please. If you want paint your walls a shocking blue, that is your decision and the landlord won't be there to discourage you.

Apartments are set up to accommodate as many families in one building as they possibly can. This means that your space is very limited and you  usually won't get a garage or a storage facility to store your belongings. For growing families, this can become a real hindrance as children don't have enough room for privacy and neither do the parents. If you strive to get as much closet space as you can or time in your bathroom, that certainly won't happen in an apartment.

Owning a home is not cheaper than renting an apartment in the beginning. However, over the years, you will find that your costs are slowly decreasing as you don't have to rent extra storage space for your belongings or use a coin-op laundry to get your clothes washed.

Purchasing a home can also be beneficial in letting you choose a high-end neighborhood or an area that otherwise doesn't have a lot of rentals. If you want to enjoy private mountain life or live in the suburbs, most areas don't have apartments for rent, or the ones they do have are pricey and have a waiting list.

It is important that you don't take the concept of home ownership lightly. It is not an easy overnight decision to make. There are costs involved as well as a certain amount of anxiety. Keep these tips in mind for making an informed decision!


Popular posts from this blog

9 Good CD And DVD Burning Tools For Ubuntu/Linux

There is no dearth of good CD/DVD burning tools for Ubuntu. Brasero Disc Burner comes as default in Ubuntu and it is a good enough tool with almost all functionalities you expect from a basic CD/DVD burning application. But what really are the alternatives. Here is a quick listing of very good CD/DVD burning applications available for Linux(in no particular order). Read on.

K3B - KDE Burning Tool
K3B has been my favorite CD/DVD burning tool ever since I started using Ubuntu some 4 years ago. K3B is a Qt based application and it might look a bit out of place in Ubuntu GNOME desktop. But from a functionality point of view K3B is far ahead of all its competitors.

GnomeBaker Burning Tool

GnomeBaker is a free and open source CD/DVD authoring application for Linux. It is based on GNOME desktop environment. GnomeBaker comes equipped with functionalities like: Drag and drop to create data CDs (including drag and drop to and from the Nautilus file manager), Create audio CDs from existing WAV, MP3…

The Most Effective Weight Loss Program Involves Better Habits

The Most Effective Weight Loss Program Involves Better Habits

Every member of the family probably recognizes the best way they can stay fit and remain slender, even if they require significant amount of weight loss. Typically, fit families are those that have established habits based on a healthy lifestyle. This is often challenging within a busy home, where both parents are off working throughout the day.

Managing a weight loss system in an active family requires dedication of consuming a balanced diet, and performing regular exercise. While it might appear to be much more convenient to simply stop by the fast food joint for dinner, than to prepare a healthy meal, in the long run it can cause significant issues and diminish the health of the family.

An effective weight loss program to keep the family fit and slender requires basic steps. These include:

Do Not Forget Breakfast – Yes it is true that the most essential meal of the day is breakfast. Without it, the body’s metabolism will…

Stopping Hair Loss For Good

Are you looking for a way to get rid of your hair loss problem? In most cases, you can stop hair loss by getting rid of your bad habits. Go over the following article to learn more about hair loss and how to stop this problem.

Stress is the most common cause of hair loss. If you are always busy, often feel nervous and do not have time to relax, make some changes to your schedule. It is very important to take at least a couple of hours a day to relax and do things you enjoy.

Do you get eight hours of sleep a night? Fatigue is another common cause of hair loss. If you sleep less than eight hours a night, adopt a more regular schedule and try getting more sleep. You should meet with your doctor if you are dealing with insomnia. Try reducing your stress before going to bed by using simple relaxation exercises.

Smoking can cause you to lose your hair. In fact, smoking will cause your body to age quickly and hair loss is only one of the many problems you are likely to encounter. It is best …