The benefits of owning over renting a home

Feb 18, 2019

If you’re in the market for a new place to move, whether you’re relocating or just changing things up, the renting versus owning question might come up. But what are the benefits of purchasing a house? We’ve laid out a few reasons here to help you make up your mind.


Residential Stability


No one is ever going to tell you you’re going to have to move. That decision will solely be yours. In a rental situation, a landlord can at any time give a tenant notice they are selling their home forcing a relocation at a potentially inopportune time.


Freedom to Renovate


Don’t like the kitchen? Change it! Don’t like the color? Paint it! The only one in charge of these decisions is you. And it’s up to you how and when you decide to do them.


Growing Equity and Tax Perks


Typically, homes increase in value, which means so will your investment. And any home improvements you make will help keep the momentum going. Once you have some equity, you can borrow against it if you want, and you’ll receive tax benefits that you don’t get as a renter.


Financial Predictability


Once you lock in your mortgage rate, it won’t change unless you decide to change it. When you’re renting, you’re at the mercy of your landlord and rate increase laws to determine what your monthly outgoing is going to be or become.


Pride of Ownership


There is something to be said about owning your own home. It’s an impressive achievement to know you’ve saved and persevered to make, most likely, the biggest purchase of your life!

And if you decide to buy in the Central Valley of California, be sure to look us up. San Joaquin Valley Homes has homes to satisfy empty nesters, professionals and growing families! You can visit our communities here to see which one is best for your lifestyle.

11 Mar, 2024
With current water shortages in California, here are some drought resistant plants to withstand the Central Valley heat this summer.
26 Feb, 2024
With rising prices, here are some ways you can save money on online shopping from the comfort of your Central Valley home.
12 Feb, 2024
Here is a list of do's and don'ts for a smooth mortgage loan process for your new home in the Central Valley of California
29 Jan, 2024
Here are tips and tricks to creating a serene environment in your new California home.
15 Jan, 2024
Thinking of giving your kids room an update? Here are ideas for a sports room makeover for your child in California.
01 Jan, 2024
Here are many perks to buying a new construction home from San Joaquin Valley Homes in the Central Valley of California.
NEM 2.0 vs NEM 3.0
18 Dec, 2023
Learn the difference between NEM 2 and NEM 3 rated solar systems before purchasing your new construction home in the Central Valley of California.
18 Dec, 2023
Ring in Family Fun this New Year’s Eve
04 Dec, 2023
Here is a guide of gifts you can get for a new homeowner in the central valley this holiday season.
San Joaquin Valley Homes Design Center Options
17 Nov, 2023
There are various options you have available to you when designing your San Joaquin Valley Home. Here are ways you can customize your home in our design center.
Show More
Share by: