Why rent when you can own? Whether you are buying a home for the first time or you are re-entering the market after a foreclosure, making the decision to buy a new home can be a daunting task.
Are you unsure if you want to take on the risk of being a homeowner?
Are you afraid you can’t afford to buy a new home?
If you are grappling with some of these questions consider the following benefits of owning vs. renting.
Pride of Ownership & Quality of Place – Homeownership gives you and your family a sense of stability and security by making a good investment in your future. When you own your home, it is uniquely yours and you can customize it exactly for how you live – you have complete creative control. Homeownership has also been shown to increase the quality of place of a whole community and increase value overall.
Tax Advantages – Unlike monthly rent, part of your monthly mortgage payment can come back to you in the form of tax benefits.
Rental Rate Instability– Rental rates can increase an average of 3-5% per year in the United States. When you own a home your monthly payments will remain more stable. Especially with fixed-rate mortgages, your monthly payment will stay the same for the entire period of the loan. This stability makes it easier to plan and budget for the future.
A “place to call home” has long been the American dream. The Rilington Group has understood this for over four decades, and continues turning the American dream into reality for Southern California homebuyers by building houses that are truly homes.
So… Is now the time for you to make the transition from renter to owner?
Whether a small neighborhood of entry-level homes or a high-end community, if it’s a Rilington Group Community, it is built with pride and a deep commitment to exceed the expectations of its homebuyers. Contact us at info@rilingtongroup.com for more information on how we can make the dream of homeownership come true for you.