Homeownership is a major step in your life, especially if you've never bought a home before. Buying a house isn't always a simple thing to do, and the costs can skyrocket and drive buyers away. Thankfully, it's the perfect time to buy a home in the Chicago, IL, metro—whether you're doing it for the first time or you've purchased one before. Safeguard Self Storage on North Northwest Highway has a few reasons why buying a house now is in your best interests.
Why Buying a Home Now is a Great Idea
Homes cost less right now.
That's one good thing about the housing market: It fluctuates. One year it's down; the next year it's up. If you want to get the best deal on a home, now's the time to buy. You can find a great deal on a house and finally stop renting an apartment or someone else's property.
Renting means throwing your money away.
That's right. Renting someone else's house or an apartment is like giving your money away. You're not actually paying someone for something that will eventually be yours. You can lose it at any time. When you mortgage a home, you're paying for something that will be with you and your family for generations.
You'll make a profit in the future.
One good thing about buying a house when the market is just right is the fact that you can make money in the future. Since the market is down, you can purchase a home for much less than what it would normally be listed at. If you plan to sell later and the market is just right, you can list it for much more and make a profit. It's a good idea to speak with an agent to make sure you're making the best purchase for a future home sale if that's why you're buying now.
Ready to Move? Get Moving Storage With Safeguard
Homeownership is wonderful but does come with its own share of ups and downs. No matter if it's your first or fifth home, we can help with affordable moving storage when you plan to make the jump to a new home. Our storage facility on North Northwest Highway in Edison Park is a fantastic place to get storage whether you’re renting or buying. Stop by and reserve a Chicago storage unit today!