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  • Essay / The advantages of renting over renting. Purchase - 1181

    The most common in apartment complexes are in-ground pools and fitness center, most of the time this does not entice tenants to use these amenities. Tenants also don't need any maintenance, they just enjoy the benefits of using these amenities. If you choose to buy a home and then want to install something like these amenities like an in-ground pool or fitness room, it will cost you thousands and thousands of dollars to install and then even more money to maintain . Another final benefit is the absence of property taxes. property taxes are based on the assessed value of your home. This could be a huge sum if you are purchasing a home with a large lot or a highly sought-after home like beach or waterfront. Additionally, there is no unpredictable real estate market to contend with. Although many real estate market experts say the market is in the midst of an upswing, many disagree. By purchasing a house, the owner takes the risk that the house will be resold on the open market. On the plus side of buying a home, your home's value can increase by 4% to 6% each year. Even if your home's value doesn't increase, you can build equity while paying off your mortgage if your home maintains its value. When asked, one of the most important things about owning a home is the fact that you own it. Landlords enjoy being homeowners