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Owning a home is a major financial milestone for many people. But beyond the financial benefits, there are also a number of emotional benefits to owning a home.
Stability and Security
“One of the most important emotional benefits of home ownership is stability and security,” says Catherine Nimmo, Sales Associate at ERA Justin Realty, “When you own a home, you have a place to live that is your own. You don’t have to worry about being evicted or having your rent raised. This can give you a sense of peace and security that is difficult to find in other living arrangements.
Sense of Accomplishment
Buying a home is a major accomplishment. It represents years of hard work and saving. When you finally close on your home, you will feel a sense of pride and accomplishment that is unlike anything else.
Control Over Your Living Space
When you own a home, you have complete control over your living space. “You can decorate it however you want, and you can make changes to it whenever you want,” says ERA Justin Broker/Owner Jennifer Darby Metzger, “You get a sense of freedom and independence that’s not possible when you rent.”
A Sense of Community
When you own a home, you become part of a community. You get to know your neighbors, and you can participate in community activities. This can help you to feel connected to your community and to build lasting relationships.
Stronger Relationships
Owning a home can also strengthen your relationships with your family and friends. “When you own a home,” says Nimmo, “You have a place to gather with loved ones and create lasting memories.”
A Legacy for Your Family
“Having a place to create those family memories may be the most rewarding emotional benefit of them all,” says Metzger, “When you own a home, you are creating a place that your family can call home for generations to come.”
If you’re ready to make your dreams of homeownership a reality, Catherine Nimmo or any of the agents at ERA Justin can help. Give us a call at 201-939-7500.
