It's Officially, Better to Own than Rent

In today's Sacramento Bee on the front page is a great article about the gap closing between renting and owning.

Visit here for more info: http://www.sacbee.com/2011/07/23/3788812/home-ownership-in-sacramento-area.html

Yes, It Is Better to Own than Rent

A while back I had a first-time buyer who had co-workers that owned homes and were telling her how horrible it was to own a home because of the repairs. And yes, once you own, there is no landlord to call when things break; however, home ownership goes well beyond repairs.

Owning a home is a lifestyle. It's putting down roots, a place to raise kids, make friends, and know your neighbors. It goes well beyond an investment or tax incentive. It's a space of your own to do as you please. Paint everyone room a different color, remodel, plant trees, put in a pool. And, most importantly, you won't have a landlord making "property condition inspections" or giving you notice to move.

Great Resource for Homeowners in Trouble

The Neighbor Works Home Ownership Center in Sacramento provides a wealth of information via workshops for home owners in preforeclosure and foreclosure. They also offer help to first-time home buyers just navigating the process of home ownership.

For more info:
http://www.nwsac.org/workshops/