San Antonio Home Renting vs. Owning

In many regions of the United States (including right here in San Antonio!), owning a home can be just as affordable, if not more affordable, as renting. Although, it may not be right for everyone, the advantages to owning a home are eye opening to many. 

Pros and Cons of Home Ownership 


• Build equity – As you pay down your mortgage, you increase your wealth by building equity.

• Tax advantagesmortgage interest is tax deductible and can be itemized on your yearly taxes These deductions can mean significant tax savings. 

• Fixed monthly payments — Many times landlords will increase the rent every year, or every couple of years. When you own a home, your mortgage payments can be fixed each month for the life of the loan. 

• Stability — a home can be regarded as a place where your family lives and grows. 

• Creativity—As the home owner, you can decorate, renovate, or expand a house the way you like it to be, creating your dream home 

• Establish community — Many home owners take an interest in the well-being of their communities, working together to better their neighborhoods, schools, and communities. 


• Maintenance — Keeping a home in good condition takes time and money 

• Value Fluctuation — Your home may not increase in value, in fact, it could decrease in value. 

• Financial Obligation — Buying a home with anything other than cash means that you will be obligated to a set monthly payment, unless you sell the home.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

Buying A Home

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