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June is National Homeownership Month, a time for American families to celebrate, share stories, and create memories for years to come. While the “American Dream” of owning a home can be a long process, families and communities are reconsidering what they want in a home due to current circumstances. As the pandemic factors in concerning the changing priorities, so do the types of homes people are looking for. More people are looking for extra space inside and outside of their homes where they can enjoyably spend more time within the confines of their property. The need for more space paves the way for working from home, e-learning, and just spending time with family.
Surveys show that real estate is ranked as one of the best investments you can make.
Among reasons to celebrate, here are 5-Benefits every American homeowner should enjoy this National Homeownership Month:
Pride Of Ownership
Nothing could be more enjoyable than living in a space that is uniquely yours. You can customize your home to your tastes.
Homeowners have a stronger connection to their neighborhoods and are more likely to contribute to their community.
Comfort And Safety
Owning a home gives you comfort, protection, and privacy. These things have become even more valuable during the recent health crisis.
Effective Inflation Hedge
A property is often a good hedge against inflation. As inflation rises, so do property values. So it is a key advantage.
Highly Illiquid Asset
An owned home is a tangible asset. However, while it has significant value, homeowners cannot quickly and easily sell the property without substantial depreciation.
High Transaction Costs
When buying a home, the transaction costs are considerably higher. However, talking about investing in your future, the longer you’re in the house, the higher your equity will be.
No home and homeowner are the same. Everyone’s journey to homeownership is unique. Realtors, home inspectors, assistance programs, and all other roles play a part in the home buying process and making your homeowner’s success story an incredible one.
To all homeowners, take time this June to celebrate the new era of homeownership and how it has added value to your life. The National Homeownership Month is also a great opportunity to help home buyers become more informed homeowners.
If you or someone you know is purchasing a home and needs a quality home inspector in Memphis, TN, be sure to give In-House Inspections LLC a call (901) 609-7555 Today or Click To Schedule Online 24/7 Right From Our Website.
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When you are buying a home, you want to be sure that the property is in good condition and that there are no hidden surprises. This is why getting a home inspection is crucial. A home inspection is an examination of the home by a trained professional to assess the condition of the property. In-House Inspections LLC is your go-to professional home inspection company.
The team of pro home inspectors at In-House Inspections LLC follows certain standards set by the state of Tennessee. These standards cover a wide range of items, from the home’s structure to the condition of the plumbing and electrical systems.
A home inspection will give you peace of mind and help you make an informed decision about the property you are considering buying. In-House Inspections LLC offers a wide range of services, including Home Buyers Inspection, Home Buyers Inspection, and more.
Call In-House Inspections LLC and hire your Certified Home Inspector Today at (901) 609-7555 or schedule online 24/7.