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Benefits of Homeownership

What better time of year to become a homeowner than right now. With the cooler weather officially upon us and the holiday season in our midst, now is an excellent time to take the initiative a purchase your dream home. Nothing gets consumers in the buying mood more than walking around and seeing festive holiday decorations, such as pumpkins and decorative wreaths on the front of people’s houses.

Not only are the holiday decorations an excellent perk, but there are countless benefits in becoming a homeowner this time of year. So, to help you get started, your local Oakville mortgage brokers with Loewen Group Mortgages have listed four useful ways you could benefit from becoming a homeowner.

Benefit #1: Decorative Freedom

Buying a home during the holiday season means you can purchase all the festive décor for your new house. Not only that, but being the sole proprietor of your property means you have the artistic freedom to remodel, change, or decorate any room you want in your house without needing permission from a landlord. You are your own boss and can pick whatever colors you want to paint the walls without fear of having to pay a decorative fee, which is what most landlords are changing today.

Benefit #2: More Privacy

Being your own boss and making your own decisions means you now have more privacy. You do not have to answer to anyone or get permission from anyone in order to make an alteration or get something done. Also, if something needs fixing in your home, you can take matters into your own hands and hire whomever you want to fix the problem.

Benefit #3: Financial Investment

Purchasing a home is a major expense but it is a great financial investment. Home’s appreciate in value over time, which means that the longer you have your home and the more you pay towards your Oakville mortgage, the more valuable your home will be over the years.

Benefit #4: Community Involvement

Studies show that people are more likely to volunteer in the community if they are a homeowner, over someone who is only a renter. Being a volunteer is an excellent way to meet new people, learn new skills, and better the area in which you live.

Contact Us

For more information on the benefits of becoming a homeowner or to get started on your Oakville mortgage application today, please contact the Loewen Group Mortgages Team at 416-907-3173.

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