$10k Your Way*

There's No Place Like Home

December 22, 2011

Constantly you hear the benefits of home ownership broken down into terms of low interest rates, great value on options loaded houses at economical pricing, tax benefits, financial leveraging and the like. But truly there is more to home ownership than monetary gain. While home ownership can put you on the road to greater financial gain, it still comes down to some famous words spoken on the yellow brick road, "there's no place like home." Owning a house creates a permanent home that leads to great personal satisfaction and a sense of wellbeing. When you decorate your home, paint your walls, and make improvements, they are all yours. You are not improving the property for a landlord. There is a subtle difference when you walk into your own home after a long day of work, cook in your own kitchen, and put your feet up in your own family room versus doing so in a rented house or apartment. It's inexplicable and only truly experiencing it for yourself will help you feel the mental shift that takes place when you go from renter to homeowner. And the truth of the matter is, that with current interest rates, inventory and availability, the opportunities are endless to get you into a new home right now. Why continue to stay on the fence waiting for someday? The family milestones and events that you share in your home are memories that last a lifetime. Why not ring in the new year with a new home and begin to make those memories today. Image source: ©PhotoXpress.com