Friday, August 12, 2022 / by Desi Loveless
Still on the fence about purchasing a new home? That’s okay! Just consider these 4 points and read the most common "7 myths of home ownership" to ensure you know ALL the facts.
1. A home is a great investment:
Utah has seen consistent growth over the past 40 years, with wildly rapid growth over the last 5 years. Besides simply paying down your mortgage, the house is consistently gaining appreciation. Which means you are earning equity by simply living there.
2. This is an incredible milestone:
It really is an amazing experience to own a home. Many consider it a marker of success. It can feel rewarding to have a place to call all your own!
3. You are in control:
When you own a home you can decorate, remodel, and change anything you want. Do you want a beautiful accent wall? Maybe a garden? Great! It’s all yours! This means no landlord to stop you from creating a space EXACTLY as you want.
4. You are paying yourself:
No more pouring rent down the drain. Each month you pay yourself by putting it towards your own home. There is no need to waste money on rent.
Still not convinced? You may still believe some common myths.
Ultimately, the decision is up to you. You decide when it’s time to buy. When you do decide, you know who to call. One more thing, when you are brainstorming about properties, we have a freebie you can use to rank properties you find! Call us to start looking, 801-214-8146.