The essence of Ocala haute cuisine is evolving as more and more amazing options become available every day. My wife and I are passionate about many things, but travel and fine dining near the top of our list. We have traveled to six of the seven continents and experienced the history, culture, art and culinary …
Homeownership is an important element of the Ocala lifestyle. Owning your home offers many advantages. For example, paying down a mortgage in stead of paying rent builds equity, a great way to increase your net worth. Of course, this equity gives you a head start towards accumulating the down payment you’ll need to step up to a better lifestyle in the future. As it does so, it also builds a foundation for your future retirement.
Additionally, in today’s financial environment, historically low interest rates can cause mortgage payments to be significantly lower than rents. Therefore, your resulting reduced cashflow needs may enhance your ability to save and invest for the future. Also, if you finance with a fixed rate mortgage, your mortgage payments will be relatively stable over time. That is a significant benefit over rent payments, which usually rise from year to year. Clearly, owning is far superior to renting.