Greater Montreal Real Estate Board

Greater Montreal Real Estate Board

August 23, 2005 08:30 ET

GMREB/Becoming a Homeowner: What a Great Decision!

ILE DES SOEURS, QUEBEC--(CCNMatthews - August 23, 2005) - Buying a house surely provides numerous financial benefits. It also allows you to improve your quality of life and to benefit from a stable environment and unrivalled privacy, which translates into more freedom and a strong feeling of peace of mind.

Becoming an owner means first and foremost living in a house that is well suited to your lifestyle. Is your family growing? Do you want to have a guest room in the basement? This space belongs to you and you are free to organize it your way.

Since you are not subjected to usual restrictions imposed to tenants, you benefit directly from your renovation and decoration projects. Moreover, nobody may force you to leave or enter your home for an inspection or maintenance.

An excellent long-term investment

As a homeowner, you will not have to pay rent to someone else anymore. In fact, your monthly mortgage payments will be used to finance your assets.

To learn about other benefits of being a homeowner and various house types, please consult the magazine Real Estate - Tips on Buying & Selling, which is offered free of charge by the agents and brokers of the Greater Montreal Real Estate Board.

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