Topic > The advantages of renting vs. Purchase - 1181

Most commonly found in apartment complexes are in-ground pools and fitness centers, most of the time this does not force tenants to use these additional amenities. Furthermore, tenants do not need to support themselves, they just enjoy the benefit of using these services. If you choose to buy a home and then want to install something like these amenities, like an in-ground pool or a fitness room, it would cost you thousands and thousands of dollars to install and even more money to maintain. Another final benefit is the absence of real estate taxes. real estate taxes are based on the assessed property value of your home. This could be a huge sum if you buy a house with a large amount of land or a highly desired house such as by the sea or a waterfront house. Furthermore, there is no unpredictable real estate market that you have to deal with. While many real estate experts say the market is fully recovering, many disagree. When purchasing a home, the owner runs the risk of the home being sold again on the open market. The good thing about buying a home is that the value of your home can increase by 4% to 6% each year. Even if your home dose doesn't increase in value, you can build your equity as you pay off your mortgage if your home maintains its value. When asked, one of the most important features of owning a home is the fact that it's yours. Homeowners appreciate owning