When you are thinking about buying a home, you must consider many things. Is it less expensive to rent or own is definitely one of the big questions.
Why Rent When You Can Own
According to this article in CreditDonkey.com: ” Homeownership has always been considered the gateway to the middle class and a benchmark of the American Dream. However, many families have chosen to find domestic bliss without paying a mortgage in recent years. What they’re missing are the big benefits of homeownership that just can’t be replaced by renting.
Research shows that owning your own home has distinct advantages over renting, especially when it comes to building your net worth and providing a stable environment for your family. If you’re sitting on the wrong side of the white picket fence debating whether to rent or buy your next home, read our list to see why owning your own home is better than renting.
We are going to cover a couple of reasons here:
Owning can be cheaper than renting
Although buying a house is more expensive at the outset, it can actually be cheaper than renting in the long term if you play your cards right. According to real estate website Trulia, homeownership is 38% cheaper on average than renting nationally, which is a 3% decrease from 2013.
You can build equity.
One of the most significant benefits of homeownership is building equity, which is your share of the value of your home. In more technical terms, it’s the difference between the market value of your home and the amount that you still owe.
It increases your net worth.
Homeownership is more than just the American Dream, it’s also been an effective way to build one’s net worth. Sure, business acumen and investing know-how are other ways to build wealth, but for the average Joe, homeownership has been the most tried and true method of building net worth.
Bottom Line – Homeownership allows you to stay in one place, choose your children’s schools, save money, build equity and increase your net worth. It is true that you are paying a mortgage whether you rent or own. Why not invest in your own future instead of building up your landlord’s wealth?
It’s great to live in an area where there are many festivals, events and community functions that allow you to get to know the area and enjoy life. Paulding County is an exceptional community located twenty-five miles northwest of downtown Atlanta. The City of Hiram is a thriving city of business and industry. You will find history and new in this special city where a traditional, quaint, sleepy town meets the growing, bustling commercial area that acts as a magnet for many Paulding County residents.
Some local Paulding county events going on include the Paulding Meadows Arts & Crafts Festival happening September 7th – Saturday; 9:00am – 6:00pm and September 8th – Sunday; 9:00am – 5:00pm in Paulding Meadows – Dallas, the county seat. This is an Arts and Crafts festival, featuring hand crafted items, entertainment, and food.
Award-Winning Home Plans
Seaboard Township offers outstanding features in its Award-Winning plans with 3 Bedrooms with 2.5 Baths. Standard features include a Gourmet Kitchen with Island* , Hardwoods on 1st Floor,Oak Treads on Stairs, Master Suite with Sitting Area*, Master Bath with Garden Tub, Separate Shower with Tiled Floor. *Per Plan
Seaboard Township is ideally located within walking distance to Hiram Trailhead, mile marker 14.7 on the Silver Comet Trail. Hiram is centrally located within 30 minutes to Marietta, Kennesaw Mountain and just down the road from Dallas and Powder Springs. It is about a 30 minute ride to I-75 and I-575 via Hwy 92 and Ga 120 East.
Find us at 6 Trailview Lane,Hiram, GA 30141 Get Directions Via Google Maps
Sales Center Hours are Tuesday-Saturday 11 a.m. – 6 p.m and Sunday & Monday from 1 p.m. – 6 p.m
For more information contact Devin McKenzie at 678-978-0085
Award Winning Rocklyn Homes is one of Atlantas Top 5 Homebuilders in the Atlanta Business Chronicle. Ranked Nationally at #68 in the 2019 Builder 100 List by Builder Magazine. Rocklyn builds quality single-family homes and townhomes with award-winning plans in the Metro Atlanta area from the mid $100s to $400s.
*All photos shown depict similar product being built. Price, plans, specifications are subject to change without prior notice. * All options are per plan