Have you ever wondered if it’s better to rent or buy a house? This is a debate that has raged on for many years. At Brian O’Neill – The Tattooed Agent, we strongly believe that there are a lot of reasons you should buy a house over renting. Here are a few of them:
Liberty to Use Your Home as You Wish
Buying a home is better than renting because you have the freedom to use it as you wish. If you want to paint your walls hot pink, have a massive TV hanging from the ceiling, or get a pool in your backyard, you can. And if you want to host a massive party over the weekend, that’s up to you too.
Buying a Home is an Investment
Buying a home is not only a practical decision for people to make, it’s also an investment. That’s because if you sell the home in the future, you’re most likely going to make a profit on it. Homeowners are usually more financially stable, meaning it’s easier for them to pay off their mortgage, meet monthly payments, and save for things like college.
Pay Less Tax and Save Money
Buying a home instead of renting can actually save you money in the long run. Even if the mortgage isn’t the cheapest way to buy one, homeowners are able to deduct the interest they pay on their loan against their tax bracket, which is not possible with landlords.
Owning a home is a great financial decision. It gives you long-term financial security, addresses the need for stability in your daily life, and is relatively low-risk. The only way to ensure that you’ll be able to buy a house at some point in the future is to plan ahead and budget now. If you’re ready to buy a house, reach out to Brian O’Neill – The Tattooed Agent for assistance. Call us on 864-497-7107 or message us online.