Buying Versus Renting Dr Phillips Homes For Sale 32819 |32836 | Wendy Morris Realty
Why Buy versus Renting
This may be a trivial question for many. Statistically buying a home get's inexpensive after twelve years of renting. First of all, you are paying the owner mortgage and he or she get's to write if off on taxes. This is what you could be doing tax season and getting a healthy return each year. Typically rent goes up at least 3% each year as from taxes on the home. So here you are faced with the unknown each year of rent escalating.
Many rent because they can have cold feet to buy real estate, bad credit or just plainly their job cannot allow it because of constant relocating. However, bad credit can be upgraded provided you have the mind to grow your credit with the right agency. Another joy, is that you have peace knowing you can plant a tree or flowers. Influencing and setting an example for your kids as they learn the process. Your home value generally appreciates each year. Also, you create equity in your home that you can borrow money for home improvements, buy another property, buy a car or pay off some bills.
Many that own rather renting statistically live in their homes four times longer. This helps to know your neighbors, see the trend of the housing market and community which leads to make decisions to sell, stay, rent out as investment home or refinance. Education wise much research shows children of homeowners promote higher test scores and graduate at a higher percentage rate than renters.
Take it from a home owner, you will be pleased with your decision on a home purchase and knowing you are solid in your home. Free of risking a thought of renting and home foreclosing is a worst nightmare. Follow the golden rule, save your money, grow your credit over 700 and contact the right realtor the first time and even in advance so that you may plan ahead. Contact me today at 850 496-6412 for immediate response and ask me how can I do it!
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
The source of the listing data is as follows:
| Stellar MLS (updated 6/4/20 11:16 PM)
Immaculate 3 bedroom 2.5 bath in desired gated Bay Ridge Community in Dr. Phillips across Bay Hill. Step down into the ... Read More
Won''t last long!! Beautifully maintained 4 bedroom, 2 bath home in Bay Lakes. The large backyard is your own private o... Read More
This former model home is located on a beautiful conservation lot in the Gated community of Lake Sheen Reserve. It offer... Read More
This is the one you have been waiting for. Extensive remodel with no intention of selling, no expense was spared and no... Read More
** Property Video Tour: https://www.tourdrop.com/dtour/350237/Showing** Situated on a quiet cul-de-sac in a tight-kni... Read More
WELCOME HOME! Situated on a corner lot in Dr Phillips is this Reiche Silliman custom built home with just over 3, 850 sq... Read More
Butler Chain of Lakes Canal Front Home. This stately home sits on a half an acre in a gated community with 24-hour guard... Read More
Presenting a truly exceptional custom home in the exclusive gated community of Phillips Cove. Attention to detail and th... Read More
8TH FLOOR 2 BEDROOM, 2 BATH FULLY FURNISHED CONDO WITH A HUGE TERRACE. ONE OF ONLY 12 UNITS WITH THE LARGE TERRACE AT ... Read More
One or more photo(s) has been virtually staged. Is it a BREATHTAKING view you are looking for? You got it! This lake fro... Read More