To me, the big motivator for home ownership is lifestyle: privacy, personal enjoyment, and self expression, with a bonus of shelter. With a rental, you get shelter. When you own a home you get more.
My home is worth less than it was two years ago but I still enjoy living here, I am happy that I don't have to ask anyone's permission to hang my photo gallery, paint the interior green, tear up the carpet and replace with tile, or radically change the landscaping. I can stay here for as long as I can make the payments. Someday I will own it outright.
If everything was only about the bottom line, no one would ever buy that fancy red sports car in the showroom, a student's artwork at a school gallery, or that little red brick 1950's charmer on the corner.
The real bottom line is: If you found the place you want, can afford it and you plan on sticking around for a while, go ahead and buy it. Life is too short to live in someone else's house if you don't have to.
Here we discuss all matters Real Estate, with an emphasis on Tucson Arizona. We welcome your story ideas. Via Realty is a boutique real estate company founded on Jan 1 2000 by 2nd generation Arizonan Wayne D Anderson, a Realtor since 1989. www.ViaRealty.com 520) 327-1550. Equal Housing Opportunity.
Saturday, January 24, 2009
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