4 Reasons Why Homeownership is a Good Investment in Kingsport TN

Maybe in the past, you’ve thought about owning a house but you’re not sure if it’s right for you. Well, aside from owning your own home instead of renting, one consideration is that it’s a sound financial investment. Here are 4 reasons why homeownership is a good investment in Kingsport TN.

There are many kinds of investments out there – from stocks to bonds, from funds to art – but one of the best investments out there is real estate.

It’s a stable, solidly performing investment. If you are curious about whether it’s right for you, here are 4 reasons why homeownership is a good investment in Kingsport TN…

Reason #1. It’s a Real Asset

Some investments, like stocks, are just “paper” assets. That is, they represent an investment but they don’t have any real value themselves. If the company collapses, you’re left with nothing but a worthless piece of paper. However, with real estate, you have a real asset (something you can touch and see) and it has real value.

Reason #2. Upward Trend

One of the things that make real estate a great investment is that the price tends to go up. Sure, the price might fluctuate depending on the economy or what else is going on in the neighborhood, but in general, real estate prices tend to rise over time.

Reason #3. You Can Increase Value

Why Homeownership is a Good InvestmentA very powerful reason why real estate is a good investment is that you have control over the value of the property. If you buy a house for a certain price and them improvements, you’ll increase the value of the house.

A new paint job or an upgraded bathroom can raise the resale value of your home. (This is preferable to a stock, which you can’t really improve with a paint job!)

Reason #4. Stability

If you’re currently renting a place to live and not sure if a property will give you a good return, then consider this: one often-overlooked return is the stability you get from living in one house that you own.

And that stability translates into a better credit score. And that credit score is a valuable outcome that can improve your ability to borrow, and even your ability to find a job (since some employers will check your credit score before hiring you.)

So just my moving into a home and staying there for a while, you’ll get some stability and be able to increase your credit score.

Summary

If you’re currently renting and debating about whether you should buy a property, then think about the return you could get on that property. Real estate is often a solid investment and here are 4 reasons why home ownership is a good investment in Kingsport TN.

Ready to invest in your next home in Kingsport TN? We want to help. To talk to us about buying your next house, click here now and fill out the form or call our office at 423 797-6009.

About AwesomeWholesalerLLC

When you call us you’ll get an honest offer from a real local person in the trenches in your market.

With everything we do We Believe in fighting the deterioration of our local neighborhoods.

We Believe in solving home ownership problems our local community is facing.

The Way We Fight Neighborhood Deterioration and Home Ownership problems in our local community is by Buying, Fixing and Flipping Houses,

In doing so We Revitalize our neighborhood homes and Relieve Home ownership burden brought on by stressful property situations like foreclosure, divorce, probate, and homes in need of repair.

We just happen to offer homeowners Cash Money to do so. Have you got a Home we can Buy?

Blaine Dartez

Hey there, I’m Blaine, the owner of Awesome Wholesalers! Thanks for checking us out. I love every aspect of real estate, but one major reason I started buying homes is that I saw that sometimes people were getting into tough situations with their home… facing foreclosure, can’t make repairs, getting behind on payments, and more. I’ve seen people struggle with squatters, or go through the process of losing homes up close and personal. Bottom line: I know that sometimes bad things happen to good people. I got into real estate because I wanted to offer a service where I can help homeowners in my community. My passion and goal with this company is to get people out of burdensome properties, or helping another local investor build their portfolio. Besides all that, I enjoy seeing a run-down home flipped and made beautiful, and become a benefit to a neighborhood. Now, I get to run my own business and spend more time with my family and help homeowners like you that are facing tough situations.

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