Why rent when you could own? It seems like an obvious question, but many individuals believe that buying a home is too expensive or not feasible given their current situations. The truth is, buying a home is not as expensive as you think it is. Here are 4 reasons you should stop renting and start owning!
Buying a house is an investment opportunity. Over the course of your mortgage, you have the chance to build equity and make an investment that will pay off down the road. There a number of homes for sale in Calgary; you can be sure to find something in your price range.
Buying a home gives you control over your finances and your situation. When you’re renting, landlords can increase the cost of rent or sell the property at a moment’s notice. Owning a home allows you to establish a budget and feel confident that all decisions are yours.
If you’ve ever rented a basement suite, you know that it can be torture to live below someone with kids or pets. If you live above someone, you’re constantly trying to remain quiet, and you may feel like you can’t truly be yourself. Buying a home in Calgary means the space is entirely yours, and you can be as loud or as quiet as you want.
When you’re renting, you know that more landlords or property management companies won’t allow you to make significant changes to the suite like painting, changes to the flooring, or installing permanent shelving units. When the house is yours, you can do whatever you like so that it reflects your style and meets your needs.
Keep in mind that buying a house isn’t for everyone. You shouldn’t feel rushed into the decision or settle into a mortgage that you really can’t afford. Before buying a home, we recommend that you pay off any outstanding debts, secure an emergency fund, and save up enough money for a decent downpayment. We also recommend that you hire a Calgary realtor to help you find exactly what you’re looking for in a new home.
When it comes to your next Realtor, make the right choice. With Jesse Davies and Associates on your side, you’ll be worry and hassle-free. Contact us today and see how we can make your dream home a reality – any season!
https://jdrealestatecalgary.ca/ | 403-969-2363