Reasons You Should Stop Renting & Buy A Home
Buying a home is likely one of the biggest investments you'll make in your lifetime. This can feel intimidating as you think about the large investment that may lay ahead but buying doesn't have to a scary process. As an experienced team of real estate agents in Eldon, Missouri , we know how beneficial it can be to buy a home in mid-Missouri . Check out the reasons you should buy instead of rent below. Invest in Your Property When you make your monthly mortgage payments, a portion of each payment goes toward the equity of your home. This is a great way to make an investment and is a way of forced savings - in a sense. You are required to make your payments and along with that, you're earning equity on your property. Home values are trending upward which works in favor of making a purchase now and hopefully be able to sell your property in the future for more. Mortgage is Being Paid Whether you own or rent, you are paying a mortgage payment. When a landlord charge