Then you can’t get kicked out! Haha, ok not that this happens all the time, but one thing while renting is you can get settled and all of a sudden the owners want to sell, or they want to move back in…now what?! Also, rent never ends. Mortgage payments eventually do.
Home ownership has a lot of upside in our opinion. The most attractive element is having this large asset being paid down over time with possible appreciation. I like to look at my home as a piggy bank. When you buy a home, it’s forced savings…with a future of having a home paid off for all that saving you did. So, on that inspiring note, think it’s time to say goodbye to your landlord, wouldn’t you agree?!