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Owning Real Estate Is Closer Than You Think.

The Advantages of Buying a Home Versus Renting an Apartment

While renting is more flexible, buying a home has huge benefits. However, owning is a commitment, so it's important to look beyond just the numbers when making your next move.

You Put Down Roots When You Buy a Home

Although it's better to rent if you won't be staying long or if your plans are uncertain, that kind of flexibility comes with a price. It's harder to feel established in a neighborhood if you aren't a homeowner.

Home Ownership Is A Built-In Savings Account

When you buy a home, you enroll in a forced savings plan. No matter how tight your budget may be, you find the money to make your monthly mortgage payment.

Buying a Home Has Big Tax Advantages

When you decide to buy a home, you can count on your uncle's support — Uncle Sam, that is. The significant tax benefits of buying rather than renting may be reason enough to invest. Homeowners can deduct mortgage interest on their federal income taxes.

Paying A Fixed Mortgage Stabilizes Your Budget

Even with rent control, there are exceptions and you can't count on your rent remaining stable. If you buy a home and take out a fixed rate mortgage, your house payment stays the same for the life of the loan, whether it's 15 or 30 years.

Buying a Home Costs Less than Renting Over Time

While your mortgage payment may initially be more than you'd pay in rent, you'll spend less over the life of the loan if you buy. Rents may rise over time, changing the equation. Also, given the tax benefits of home ownership, your true out-of-pocket costs from day one can be less than if you rent.


When you factor in the possibility that real estate values often go up over the years, home ownership looks even better. The cherry on top is that when your mortgage is paid off, you can stop making payments but you keep the house.

If you’re ready to stop paying your landlord and start building your future, then schedule a 15-minute mortgage consultation with me and I can walk you through the process.

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Getting a mortgage is a huge life decision! Which is why I provide all of my clients with a 15-minute consultation to help guide you on your way!
David YurovchakSales Manager