This is Why Homeowners Are Really Happier than Renters
There are many reasons why people are happier when they own their own home as opposed to renting. Here are some of the top reasons:
You can decorate, redesign, remodel.
Everyone wants to know that they make their home their palace. This means that you have the freedom to: decorate your home, paint your walls, add a new room, tear up the old carpet to replace it with hardwood floors, and the list goes on. You want your home to be "you," and that can only happen when you own your own home.
You can build up your credit.
Yes, it's true. When you own your own home
, you can build up your credit and increase your credit score. It won't happen overnight, but eventually, you will see that your payments are being reported and showing great improvement on your overall credit.
You can have pets.
If you're not a pet lover, you may not understand the importance here. Those who love to have pets are often forced to compromise in order to keep their pets. Others hide their pets, knowing that if they are caught, they could be evicted or pay a hefty fine for breaking a part of their contract. When you own your own home
, you can have as many pets as you want, and you don't have to keep it a secret!
You see your dream come true.
Face it; the American dream includes owning your own home. Most people in the United States save and scrimp, looking forward to the day when they can own their own home. It increases your confidence and makes you feel as though you've accomplished something great - a place to call your own.
If you rent and are thinking about buying, consider these points. Sometimes, we are in a situation where we must rent, such as moving to a new city, income is low, or bad credit. At the end of the day, however, you won't be sorry if you can find your own dream home someday.