10 REASONS TOBUY A HOUSE

CREATED BY SCOT ULMER

INVESTMENT

1

You are investing in you and your family’s future.

APPRECIATION2

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Historically, real estate has had a long-term, stablegrowth in value.

RETURN ON INVESTMENT3

A portion of your payment each month will go to theprincipal of the loan. This shouldn’t be considered a cost buta savings plan. You’re just paying yourself by building equity.

This will be extremely useful when you’re ready to retire.

FORCED SAVINGS ACCOUNT

4

Since homeowners have to pay their mortgage everymonth, they are routinely putting money away (and

into their house, which they own)

BUILD YOUR EQUITY5

Money paid for rent is money that you’ll never seeagain, but mortgage payments let you build equity

ownership interest in your home.

RENTAL INCOME

6

Unlike rent where the landlord canincrease prices on a whim, with a fixed

mortgage payment, you know exactly whatto expect each month, and each year.

CREATIVITY7

You can have the kitchen and bathrooms you want.You can move the walls, build an extension or paint

everything bright orange.

RESPONSIBILITY/FREEDOM 8

The home is yours. You candecorate any way you want

and choose the types ofupgrades and new amenitiesthat appeal to your lifestyle.

CONCEPT OF FINANCE

9

Owning a home not only is cheaper then renting, it forcesyou to save money at the same time. Your monthly

payments are going towards equity that you can tap intofor retirement, college expenses, etc. whereas rent just flies

out the window.

FREE TIME

10

The home is yours as long as you want it for, so what will youdo now? Start a garden? Paint a mural? It's up to you!