The Big Step For First-Time
Owning Your Own Home
Real Estate Broker
New Visions™/Prestige Real Estate
PO Box 4304
Oceanside, CA 92052 USA
(760) 754-2425 tel
(760) 754-6875 fax
broker @ newvisionsrealestate.com
(copy and remove spaces around "@")
Youve probably seen lots of financial arguments about why you should own your own
home rather than rent. This includes budgeting (no rent increases) and the tax savings
youll most likely have.
Here are some other reasons
you probably havent heard of.
Freedom to pursue other goals in life once the major goal of home
ownership is achieved
Strange as it sounds, many first-time buyers report that once they bought the house,
other things in their life started to fall into place. Its as if not owning took so
much of their mental energy that other goals were not worked on until that big goal was
reached. So buy a home and get on with your life!
A greater sense of belonging to the community
Once you own a home, you feel more attached to the city in which you live. Youre
more interested in what happens in town, to the roads, schools, and shopping areas. Some
people even become involved in local politics, which you seldom see a renter do.
A commitment to something, a sense of stability
Home ownership is an anchor, something that cannot be pulled out from under you.
Youll never get a notice that you have to move. Youre kids will never have to
change schools. It gives you freedom to plan years ahead.
You can change things, a feeling of being in
Its your home. You can add to it, remodel it, change the landscaping, do whatever
projects you want. You have a feeling of being in control of something in your life. At
work we dont always have control of what happens, but your home is your castle that
you have dominion over. You can see what youre building take shape before your eyes.
More control over the children than in an
In a neighborhood, kids usually play in the yards or go to friends houses a few
doors away. In an apartment complex parents sometimes never knew where the kids were. They
could be in any of hundreds of apartments, doing who knows what. In a home, you get to
know the neighbors and watch out for each others kids.
Children do better in school and feel more secure
New home owners report that their kids calmed down in school after they bought a house.
We dont know why, but it seems to work that way. Mom was watching her son play in
the yard, making steps in the slope and building things. She didnt have to tell him
to leave everything alone, like she did at the apartment complex. It seems that kids have
the same need for control that we adults do.
Time and money saved by not going to the
A small point, but if you have kids, you know the value of this one. You gain a whole
evening a week when you buy a house! The wash gets done in between other things, or while
youre at work. What would you do with the extra evening youll have? How about
going out for dessert with your spouse with all those quarters?