These Tips Will Help Make Your First Home Purchase Faster

Imagine a setting where you’re sitted on a balcony, enjoying the cool breeze, with no fear of having to be chased or evicted by any landlord because the last time you checked, you were the landlord. Imagine the joy that comes with knowing that you’re the person in charge of and in control of the property you’re occupying. This is the dream of every human alive. One of the biggest financial investments anyone can make is to buy a home.

In this article, we’re are going to show you Eight (8) reasons why you need to buy a home this year.

Why You Need To Buy A Home This Year

1) Real Estate tends to go up over time

Houses usually go up in value over time, making owning a home a smart investment. Real estate can provide one the luxury of making such investment and getting good returns, like stocks. It’s important to think long-term, therefore looking for quick money-making strategies can lead to losses. If you’re looking for a type of investment that appreciates with time, then buying a home should be the way to go.

2) You make your own rules

Have you ever lived in a rented apartment with lots of creepy, ill-mannered, dirty, noisy individuals as neighbors? Then you start to ask yourself why you decided to getting the apartment in the first place. But if you think that’s the worse that can happen in renting a property, try having an overly controlling landlord. 

Some landlords are really invasive with rules, some with regular inspections of the units within the compound, while at the same time making restrictive rules that will affect how you invite and entertain guests, the kind of pets you could have, or even how you decorate your apartment. Owning your own home takes all of that away and gives you the ability to make your own rules.

3) Security and Stability

Having your own house gives you stability and security that renting doesn’t offer. When you own, you don’t have to worry about rent going up suddenly or what the landlord decides. This stability is crucial for families to have a steady place to live. And in Nigeria, owning a home gives you legal protections and the comfort of having a permanent place that’s truly yours.

4) Rent isn’t rent anymore

The exorbitant hike in the price of items sold in the market is becoming alarming, and rentals of apartments are not left behind, as landlords have taken advantage of this to the fullest. Taking advantage of owning a home shields you from this outrageous increase in prices in the rental of apartments or homes.

5) It’s a long-term financial investment

If you want to build long-term wealth, then home ownership is the right financial investment for you. This one asset isn’t just used as a habitat but as a financial security as it offers you potential for profit when rental income or it’s been sold.

6) Social Upgrade

Owning a home in Nigeria comes with prestige and honor, which elevates your social status and makes you stand out in that environment.

7) Privacy 

Living in a rented apartment denies you the privilege of enjoying the privacy you deserve. Owning a home is a different ballgame altogether, as it allows you to make the modifications you want to make to your home and enjoy your privacy within your jurisdiction.

8) More Savings

Imagine a scenario where you no longer have to pay rent. It equals one thing: you save the money you would have paid for rent, which also equals investing in your property instead of doing that on someone else’s property.

CONCLUSION

As you advance in life, you realize that life is too short. Why not invest in it wisely and, at the same time, enjoy your space and privacy? You can invest with Adeyemi Tosin Homes and Consults LTD as we have a catalogue of different properties that can match your preferred taste and budget. Let us know what you think about owning a home through Adeyemi Tosin Homes and Consults Today.