Moving into a house is one of the biggest decisions a person has to take in his/her life. It sets in stone how one’s next chapter in life will unfold for the years to come either by ourself or with your family & loved ones. Hence, it is a commitment that should not be taken lightly; it requires a lot of thought, research, as well as predictions for the future.
Having said this, there is no single way of moving into a house. One can choose to buy or rent. Buying simply means making a single/one-time purchase of the house, which is long-term/permanent in nature. Renting involves multiple payments over a period of time till the person stays in that home, which is temporary in nature.
Both methods see groups of people opting for them to best suit their respective situations. However, only one of them reigns superior, especially in the long run. Buying a house has many definitive advantages over renting the same. Some of the benefits of doing so are listed below.
Ownership: As human beings, we enjoy the feeling of pride in ‘owning’ something, especially when it comes to the home that you live in. But beyond just the feeling, buying a house gives a sense of security and comfort which is almost irreplaceable. This is what makes your ‘house’ feel like your ‘home’. Renting a house on the other hand constantly reminds you that this house isn’t completely your own – it is simply paid for from your pockets, but actually belongs to someone else (in this case, your landlord). The feeling of ownership is completely exclusive to buying a house, which renting cannot even hope to replicate in any way, shape or form.
Stability: Owning the house you bought eliminates the need to constantly be on the lookout for another home and keep moving from one place to another, thus adding much needed stability to your life. Renting on the other hand requires you to be constantly on the move unless you are lucky enough to find a decent landlord. This leaves you with the feeling that is the stark opposite of stability, with the constant anxiety of having to look for another place, check the location/neighbourhood, negotiate with the new landlord, and so on.
Certainty: Buying a house sets you free from uncertainties that arise from contracts, agreements, leases, and so on. There aren’t going to be any hassles from a landlord, simply because there isn’t going to be one if you buy the house as your own. Renting causes a lot of uncertainty in the mind which is attributed to landlords being able to take decisions on your living, for example with regards to eviction. None of these feelings have a place in your house that you bought for yourself.
Customization: When you buy your house, you also buy the freedom to customize it up however you want it. From aesthetic decorations, to new vibrant wall paint, to additional functional components, you can remodel it as per your requirements. Renting often restricts you to the rules put in place by the landlord of the house, leaving you very restricted and constrained in terms of all the things you wish to do with your house.
Maintenance: Yes, renting seems to be the better option when it comes to maintenance. Because tenants don’t have to deal with the hassles of paying maintenance fees for things like repairs and renovations. However, being the owner of your own house and paying for your own maintenance gives you the advantage of not having to wait for a landlord or third party involvement to have the problem fixed. You get to have the complete authority and take full responsibility with the freedom to get the maintenance done when you want it, how you want it, with what materials you want and so on. Furthermore, it gives you a sense of accountability and instills strict discipline in you to take good care of your house to avoid silly mishaps in the future that require costs related to maintaining them.
Independency: Perhaps the biggest advantage of buying and owning your own house is having zero dependency on anyone for anything. You do not have to depend on a landlord for essential requirements such as water and electricity. You have full control over everything you need and can get anything done by yourself at your own will and own expense.
In most cases, buying hails as the superior option in comparison to renting. And this could not be more true when it comes to owning a house that evaluates your home living experience to a class apart. State of the art homes at Valmark give you every reason you could ever need to purchase and own a home for yourself in any of our properties – be it Orchard Square, CityVille, Apas, or Orchards. But it’s not just about the house itself. The community within the gates hold ample importance too. The Valmark community is made up of incredible residents ready to welcome new residents in with open arms and into the loving Valmark family.
Explore each of our properties at www.valmark.in. For a virtual tour of our homes, head to https://valmark.in/vr-walkthrough.html.
