Experiences may vary from person to person, but regardless of the method of procurement, type of home acquired, location and owner’s demographic, there’s one universal emotion radiating from a home owned versus rented home all across the board.
Frederick Peters, a contributor for Forbes, recently wrote about that feeling, and the pride that comes from owning your own home.
“As homeowners discover, living in an owned home feels different from living in a rented home. It’s not just that an owner can personalize the space; it touches a chord even more fundamental than that.
Homeownership enhances the longing for self-determination at the heart of the American Dream. First-time homeowners, young or old, radiate not only pride but also a sense of arrival, a sense of being where they belong. It cannot be duplicated by owning a 99-year lease.”
Owning a home brings a sense of accomplishment and confidence that cannot be achieved through renting. If you are debating renewing your lease, meet with a local real estate professional first. They can help answer any questions you have about what your next steps should be and what is required in today’s market!
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