Renting vs. Buying A Home: What You Need To Know
Have you been considering buying a house instead of renting? It’s a tough decision—especially given the state of the economy. And, as a renter, you may be wondering if now is the right time to buy a home. In order to make an informed decision, you need to discuss several things with yourself and your family. Will it be easier to rent or buy? What are the advantages of each? Are there any disadvantages? Here are several things to consider so you can make the best decision possible on whether you should rent or buy. Pros and Cons of Renting Renting has become the norm for many Americans. And with good reason. Renting is often less expensive than buying, especially if you don’t plan to own a home any time soon. It’s also easier to move around, which can be useful for people who change jobs or locations frequently. Pros of renting You don’t have to worry about maintenance costs, whether the property will be worth more in 10 years, or whether you’ll ever recover your investment. If it doesn’t fit your needs or lifestyle, you can easily move on. You don’t have to deal with the hassle of moving day and dealing with landlords who aren’t happy with the changes you made. Cons of renting While renting is easier than buying, you’re still tying up money that could be invested elsewhere. That’s money that could buy a house or other investments that will provide income down the road. For some people, this doesn’t matter as much as the flexibility of being able to live anywhere at any time they want. But if you’re concerned about keeping up with rising real estate prices and paying for large mortgages, renting may not be right for you. Pros and Cons of Homebuying Homebuying is not an easy decision for most people. It is a big commitment and it can be stressful at times. But with the right knowledge, you can make the process much easier. Here are some of the cons and pros of buying a home, both in terms of finances and practicalities. Pros of Homebuying Homeownership is typically tax-free, which means more money in your pocket. Having your own home can help you achieve financial security, which makes it easier to get out of debt. foreclosure rates are typically lower among owners than renters. Owning a home gives an individual greater flexibility in how they can use their money. They can move money around between their checking account and investments without penalty, or they can take yearly vacations or buy fancy clothes without having to worry about having enough cash on hand to cover living expenses while they’re away. Cons of Homebuying Mortgage payments are typically higher than rent payments (although many people receive tax benefits that offset some of that difference). If you don’t have enough money saved up to pay the mortgage on time every month, you’ll end up paying more interest overall by not making regular payments as you should. This is why it’s important to save some money each month before deciding to buy a home (or wait until you’ve saved up enough for a down payment). You might also want to consider renting for some period of time before buying so that you can afford the loan payments without putting yourself into too much debt early on. The best time to buy a house is when you can afford it. If you’re financially stable, the best time to buy is when you have the resources to pay for your down payment and closing costs. That means you should have enough savings to cover at least 20% of the purchase price of the house, including mortgage and property taxes, insurance, and maintenance.
Featured 2021 Fulton Sun & Callaway County’s Best Magazine: Suzanna Wolfe Team, Wolfe Auction Service & Wolfe Realty
Recently Suzanna Wolfe was featured by 2021 Fulton San Callaway’s Best Magazine, a digital publication that showcases the paths of excellent businesses and entrepreneurs. They informed us that they had awarded #1 Best Real Estate Company in Fulton, Missouri and Callaway County on page 12, #1 Best Auctioneer on page 14 to Wolfe Auction Service and Suzanna Wolfe Team, as the #2 real estate agents in Fulton on page 10. For more than 22 years, Suzanna Wolfe has brought the finest listings to market through highly personalized service, mind-blowing technology, and constant innovation. Our experience on the cutting edge of technology provides unmatched market coverage for our clients. We are very thankful to be recognized by our community as one of the best realtors in Central Missouri. We are dedicated to providing superior service that exceeds every client’s expectation.We are so grateful for everyone's votes. The nominations and votes we received were amazing. It has been incredibly rewarding to read all of the great feedback we received from our clients and fellow auctioneers. You will notice as we continue to develop our site that many of the same questions from before have come up again. We read every comment and take all feedback seriously. Many thanks again for helping us choose the best real estate company and auctioneers for 2021! Here’s to 2022 and serving Mid-Missouri with a passionate heart moving forward in the years to come!
Six Happy Tips for Home
Everyone wants a home they love, where they feel comfort and warmth. Yet many of us have a home we rarely enjoy because it's too messy, cluttered, or hard to live in. “6 Happy Tips for Home” is a guide to creating the home you love, and easily maintaining it. Through my personal experience, psychology research, and scientific experiments, you will learn how to create a space you love enough to make it your sanctuary.1. Be Grateful On What You HaveHome centers us. It's our haven, our comfort zone, where we go when we need to feel at home. It's where we relax and recharge for the day after a hectic day on the road. Our homes are where we bring our best selves out. They are our family rooms, dining rooms, office spaces, and bedrooms. They house our most treasured possessions; family photos, mementos of vacations and moments, works of art, and rare pieces of furniture that tell stories about who we are.2. Make Your Home Tidy and OrganizedImproving your home is a great way to make yourself happier and more content. Learn the basics of cleaning and organizing before going too far. Before you know it, you will have more energy, be more productive, and be more relaxed in your home. You will also see results faster because you won't have time to do it yourself. That simple little habit will add years to your life.3. Bring Happy Plants IndoorPlants are happy people. They like to keep busy, and will often greet you at the door seeking attention. If you plant a plant in your living room, you will have received a visit from an attractive flower that will make you smile. Your plant will be happy, too. It is an expression of our emotions. When we feel good, we are inclined to do good things for others. So when you see someone genuinely happy in their garden, consider how it makes you feel. Try these simple Happiness Tips for Home to help spread the joy around.4. Be Inspired On Personal TouchesGive your walls, cabinets, and doors a fresh coat of paint. Paint them with calming hues or cheerful colors. Add uplifting quotes that motivate you during hard times or make you feel happy each day. Add pictures of your loved ones as well, so you’ll feel connected to them always. Add a little happiness to your home one step at a time.5. Invest In New Home Decor and Accessories.If you’re setting out to decorate your house, don’t spend a lot of money on decor items. It doesn’t have to be expensive to look great. You can paint or refurbish furniture if you don’t want to buy new pieces. White walls are a cheap alternative for pale, delicate colors that give the room a fresh look. Cute curtains and pillows are fairly inexpensive and can make all the difference in the world.6. Create a Beautiful AmbianceLet the gentle melody of the music bring tranquility to your mind. Gaze into the flickering candlelight to let it wash away all of your troubles. Let these two bring beautiful scenes to your imagination and happy thoughts.Finding happiness in your home isn’t just about having a great view or having a layout that makes you happy. It’s also about understanding your value and how much it means to you to live here. Before you buy your next house, ask yourself: If I had to do it all over again, would I do anything differently? What would be important to me as a new owner would be different than what was important when I bought it. Take a look around and see what the current state of the home and surroundings are. Are there any problems? The home is the foundation on which your life is built, so it should feel good to look around and see how nice it is. Home is where the heart is and where the soul is. Your home should be filled with gratitude, creativity, love, and light.
Easter Event, You’ve Been Egged!
Want to get your name out and also host a fun Easter event for your business? Try the “You’ve Been Egged” Event! Pre-fill Easter baskets with candy, eggs, and toys. Host a sign up for your past and current clients. Offer to deliver the baskets, and also a yard sign that says they’ve been egged, and also includes your company’s logo on it. This is a fun way to get your name out in the community, while also giving back to your clients. Keep the signs up for a week after the event, and then collect them and save them for the next event. Aside from helping to build brand presence before, during, and after this event, you can generate leads, pipeline value, and new opportunities and clients. In addition to new leads, event marketing can increase overall customer satisfaction, retention, and engagement.
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