The Feeling You Get from Owning Your Home

We often talk about the financial reasons why buying a homemakes sense. But, more often than not, the emotional reasons arethe more powerful and compelling ones.

No matter what shape or size your living space is, the conceptand feeling of home can mean different things to different people.Whether it’s a certain scent or a favorite chair, thatfeeling of safety and security you gain from owning your own homeis simultaneously one of the greatest and most difficult todescribe.

Frederick Peters, a contributorfor Forbes, recently wrote about that feeling, andthe pride that comes from owning your own home.

“As homeowners discover, living in an owned home feelsdifferent from living in a rented home. It’s not just that anowner can personalize the space; it touches a chord even morefundamental than that.

Homeownership enhances the longing for self-determination atthe heart of the American Dream. First-time homeowners, young orold, radiate not only pride but also a sense of arrival, a sense ofbeing where they belong. It cannot be duplicated by owning a99-year lease.”

Bottom Line

Owning a home brings a sense of accomplishment and confidencethat cannot be achieved through renting. If you are debatingrenewing your lease, let’s get together before you do toanswer any questions you may have about what your next steps shouldbe, and what is required in today’s market!