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Top Ten Reasons Not To Buy:

Lately, I have been consumed with the idea of buying a small place to call home on this beautiful island of Hawaii. I would love a place of my own to decorate, to paint, to landscape, to rent out or dwell...BUT I recently had a realization that there are plenty of reasons also NOT to buy a home.

Here are the reasons I am satisfied not to be a homeowner:
(1) No expenses for extra maintenance, like when our dishwasher broke last week or the plants needed a new irrigation system
(2) No concern over condo fees or upkeep
(3) No stress over rentals and reviews from renters
(4) No need to hold down a steady salaried job to get loan approval
(5) Not having to clean everything perfectly...I subscribe to a 'good enough' policy with a rental that wouldn't be so lenient if I owned
(6) Not having to stress about it if your child steps on a plant or breaks the window blinds, because hey, it's a rental
(7) Not being 'under water' on a mortgage
(8) No late night worries about the worth of your investment
(9) Flexibility to move anytime, go anywhere
(10) Freedom

Posted by globalmomma 12:28 Archived in USA Tagged home rental mortgage ownership advantages

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Yes, for a family who loves to travel, renting is the best way to go because of it flexibility and freedom, although you are now in Paradise, so you might not want to travel quite as much while you're there!

by Lu126

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