{"id":204,"date":"2007-10-01T20:09:40","date_gmt":"2007-10-02T02:09:40","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/2007\/10\/becoming-a-homeowner-is-a-great-move\/"},"modified":"2019-03-10T12:28:03","modified_gmt":"2019-03-10T12:28:03","slug":"becoming-a-homeowner-is-a-great-move","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/becoming-a-homeowner-is-a-great-move\/","title":{"rendered":"Becoming a Homeowner is a Great Move!"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;3.0.47&#8243;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;3.0.48&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;3.0.74&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;]<\/p>\n<p>Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to providing numerous financial benefits, buying a house will also help you improve the quality of your life.<!--more--><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p>Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to providing numerous financial benefits, buying a house will also help you improve the quality of your life.<\/p>\n<p>When you become a homeowner, your whole family benefits from a stable environment that matches your lifestyle. Besides providing privacy and sound financial management, becoming a homeowner also translates into more freedom, a strong feeling of pride and peace of mind. A worthwhile investment!Here is an idea of some of the main advantages.<\/p>\n<p><b>A well-adapted home<\/b><br \/> First and foremost, being a homeowner means living in a house that suits your tastes and is adapted to your lifestyle. Your family is growing and you want a backyard and a basement playroom for your children? The purchase of a house can help you benefit from such extra spaces and is also a good long-term investment. Condominiums and plexes offer other benefits: less maintenance in the first case and additonal income in the latter.<\/p>\n<p><b>Building capital<\/b><br \/> Paying for a home is a bit like making long-term savings. Instead of paying rent to someone else, your monthly mortgage payments are used to finance your assets and build sizeable capital that you will recover once you finish paying.<\/p>\n<\/td>\n<td valign=\"top\"><!--adsense#160x600--><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>A profitable investment<\/b><br \/> Across Canada, the value of real estate investments have greatly increased in value over the past ten years. In Greater Montr\u00e9al, the average price of property has doubled in the same decade. This means that the average price of a family residence costing $107,000 in 1996, cost $216,000 in 2006. This 102% growth translates into a 7.3% appreciation per year.<\/p>\n<p><b>Taking advantage of fixed payments<\/b><br \/> Tired of rent increases? Unlike tenants who must deal with these fluctuations, as a homeowner, you can enjoy fixed payments for many years and, depending on the type of mortgage you choose, protect yourself against possible interest rate increases.<\/p>\n<p><b>A new lifestyle<\/b><br \/> Unleash your creativity and decorate your house as you wish, without worrying about the restrictions that are imposed on tenants. Any significant amounts invested in decor or renovation projects will be beneficial to you, and no one else. Moreover, nobody will make you leave your home, or can enter uninvited for inspection or maintenance.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to providing numerous financial benefits, buying a house will also help you improve the quality of your life. Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to providing numerous financial benefits, buying a house will also help you improve the quality of your life.<!--more-->\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>Are you currently renting and thinking about joining the ranks of homeowners? You should know that in addition to providing numerous financial benefits, buying a house will also help you improve the quality of your life. \r\n\r\nWhen you become a homeowner, your whole family benefits from a stable environment that matches your lifestyle. Besides providing privacy and sound financial management, becoming a homeowner also translates into more freedom, a strong feeling of pride and peace of mind. A worthwhile investment!Here is an idea of some of the main advantages.\r\n\r\n<b>A well-adapted home<\/b>\r\nFirst and foremost, being a homeowner means living in a house that suits your tastes and is adapted to your lifestyle. Your family is growing and you want a backyard and a basement playroom for your children? The purchase of a house can help you benefit from such extra spaces and is also a good long-term investment. Condominiums and plexes offer other benefits: less maintenance in the first case and additonal income in the latter.\r\n\r\n<b>Building capital<\/b>\r\nPaying for a home is a bit like making long-term savings. Instead of paying rent to someone else, your monthly mortgage payments are used to finance your assets and build sizeable capital that you will recover once you finish paying.<\/td>\r\n<td valign=\"top\"><!--adsense#160x600--><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<b>A profitable investment<\/b>\r\nAcross Canada, the value of real estate investments have greatly increased in value over the past ten years. In Greater Montr\u00e9al, the average price of property has doubled in the same decade. This means that the average price of a family residence costing $107,000 in 1996, cost $216,000 in 2006. This 102% growth translates into a 7.3% appreciation per year.\r\n\r\n<b>Taking advantage of fixed payments<\/b>\r\nTired of rent increases? Unlike tenants who must deal with these fluctuations, as a homeowner, you can enjoy fixed payments for many years and, depending on the type of mortgage you choose, protect yourself against possible interest rate increases.\r\n\r\n<b>A new lifestyle<\/b>\r\nUnleash your creativity and decorate your house as you wish, without worrying about the restrictions that are imposed on tenants. Any significant amounts invested in decor or renovation projects will be beneficial to you, and no one else. Moreover, nobody will make you leave your home, or can enter uninvited for inspection or maintenance.\r\n<!-- BEGIN: Constant Contact HTML for Send Page to Friend -->\r\n<a href=\"http:\/\/ui.constantcontact.com\/sa\/fp.jsp?plat=i&p=f&m=jix8ysbab\"><u>Send Page To a Friend<\/u><\/a>\r\n<!-- END: Constant Contact HTML for Send Page to Friend -->\r\n\r\nI wrote this article because I love real estate. If you would you like me to work for you, call me <a href=\"tel:514-402-8444\">514-402-8444<\/a> or <a href=\"mailto:jenn@montreal-realestate.ca\"><u>EMAIL ME<\/u><\/a>!\r\n\r\n\u00a0","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-buying-selling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Becoming a Homeowner is a Great Move! - Montreal Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.montreal-realestate.ca\/english\/becoming-a-homeowner-is-a-great-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Becoming a Homeowner is a Great Move! - Montreal Real Estate\" \/>\n<meta property=\"og:description\" content=\"Are you currently renting and thinking about joining the ranks of homeowners? 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