Sierra Favor✨| ATL Realtor®

84 followers

Follow

Follow

Follow

2 saved

4

Perks of owning a home

One of the benefits of owning a home that isn’t talked about as much, you get access to certain tax write offs! Tax write offs are always helpful, because they help you to save money on your taxes. For more helpful real estate tips, follow this page!

Sierra Little, REALTOR®

Real Broker

#homeownerlife #homeownertips #homeownershipjourney

1/21 Edited to

Related posts

Home owning perks after renting 🔑

I’m forever grateful for this opportunity and everything that has brought me to this very point of having this place be our home 🏡 #homeowner #renting #pros #cons

33 likes

Pros & Cons of Building a House ✨

I grew up with my parents building our forever house. And Then a year ago they built another house. So I have been through the house building process twice. Building a house was something I thought I always wanted to do. In October of 2023 my husband and I started the process. Here are the pros

498 likes

A young woman with curly hair sits on the floor of a modern living room, wearing a green sweatshirt and camouflage pants. The image is titled "First Home pros & cons," setting the theme for discussing homeownership.

A dimly lit living room features a large TV displaying a couple, with blue accent lighting. Overlay text lists "PROS: Privacy, Freedom to decorate, Listen to music, Movie nights, Create your own sanctuary, Silence, Walk around nude, You literally can do whatever you want."

A cozy living room with a large sectional sofa, decorative pillows, and a round ottoman. Overlay text lists "CONS: Maintenance, Bills bills bills, Cleaning (depends), Can't relocate whenever you want, You can get fined."

Home owner 🥰

Owning a home is a great accomplishment but with pros there’s always some cons. Overall, I love being a homeowner 🥰 my home is my escape and if I could sit in it all day and never leave, I would! However, everyone’s paths and destiny’s are different so never compare your experience to someone else’

174 likes

What they don’t tell you about Homeownership

On top of saving up money to actually purchase the home, here are some more expenses to take into account that come with homeownership. 1. Property taxes - determined by your local government and can vary from location to location. It’s important to look up the property tax amount and deciding

681 likes

5 main reasons to buy a house 🏠 💸

Buying a house requires careful budgeting, saving for a down payment, researching neighborhoods, and securing a reliable mortgage. #moneysavingtips #realestate #lemon8partner #Lemon8Diary #lemon8challenge

645 likes

things I WISH I KNEW before I got my OWN PLACE 🤯💐🏡

Having an apartment on your own can be hard and cause a lot of nervous and anxious thoughts. For me, I thought it had to be “perfect”- that if I had an apartment it had to be an “aesthetic” in every aspect right off the bat. But the reality is that if you’re working full time to support yourself, y

4886 likes

✨🏡 The REAL Tea On Homeownership | Pros & Cons 💸✨

✨ Homeownership is one of those “adulting” milestones people hype up, but let me be real, it’s not always sunshine and Pinterest-worthy kitchens. There are some serious pros and cons you should know before diving in. Here’s my honest breakdown ⬇️ ✅ Pros of Homeownership: • Equity building

129 likes

Renting? Here’s Why Buying Might Be Smarter 💸🏡"

Tired of throwing money away on rent? 😩 Here are 5 reasons buying a home could be the better move 👀 #HomeBuyingTips #RealEstate101 #RentVsBuy #FirstTimeHomeBuyer #MoneyMoves

4 likes

What do you think?! I am so happy 🥹 next up: wallpaper, new light fixture, window shutters, and a different table (sadly 😩). I am so excited to make this a cozy space where we hangout & eat together! #breakfastnook #diyproject #homeownershipjourney #homeimprovement #diyhomedecor

34 likes

Why I Actually Love Living in a Smaller Home 🏠

It feels like everyone online is chasing the dream of a giant house - but for me, living in a smaller home has been so much better for my lifestyle, budget, and peace of mind. For context: our home isn’t tiny, but it’s not huge either. 3 beds, 2 baths, and around 1,244 sq ft. Just the right size

634 likes

Two women and a dog stand in front of their new two-story house with dark gray siding and stone accents, celebrating buying a home at 23.

Two people stand in front of a house under construction, illustrating the process of figuring out a budget and home price for a new build.

A woman smiles while holding two glasses, explaining how her dad co-signed on the loan to help her qualify for her first home.

How I bought my first home at 23🏡💸

A lottttt of 20-somethings think it’s impossible to buy a home these days. And while I don’t DISAGREE with you, it is completely achievable if you want it! I was fortunate enough to have my dad willingly sign on my loan as a coborrower. This did not mean that he paid for anything! His name is li

1850 likes

A young woman sits on a white kitchen island in a modern kitchen with white cabinets and wood-look flooring. The text "BUYING MY FIRST HOME in my 20s" is overlaid, highlighting the article's theme of homeownership.

A cozy bedroom features a white bed with neutral bedding, two nightstands, and a ceiling fan. Overlaid text discusses the fear of buying a house and saving for a 10% down payment instead of renting.

A bright living room showcases a large white sectional sofa, white curtains, and a plant. Overlaid text expresses the goal of buying multiple houses to build a real estate portfolio for retirement income and generational wealth.

buying a home in my 20s 🔑 🏠

I bought a home in my early 20s instead of investing in a 401(k), with plans to own 4–6 rental properties for retirement. Buying can seem scary, but the right lender and real estate agent make all the difference. With the right support, homeownership feels way more doable and empowering. #lemon8p

1132 likes

A light green shed with dark trim and two windows sits on a gravel base in a sunny backyard. A stone path leads to the shed, surrounded by green grass.

A wall-mounted storage system holds various tools, including yellow drills, a red toolbox, and clear containers with screws, illustrating the cost of accumulating tools for home repairs.

A green and black lawnmower and other yard work tools are stored upright against a wooden wall, representing the expenses for maintaining a lawn and garden.

The Hidden Costs of Owning A Home

When we bought our home, I thought once we closed and moved in, the hardest part was behind us. But what really caught me off guard were all the little things that came after. All kind of costs we didn’t know it would add on us. It wasn’t the big projects, but the slow trickle of small ones:

13 likes

How to buy a house @ 17 & 18

GUYS THE LIST IS POSTED GO VEIW IT !! ✨ Pros: WE ARE HOME OWNERS ✨ Pros: it’s a very rewarding feeling ✨ Pros: we bought everything besides groceries so we walked in with a full house ✨ Pros: building a life together at such a young age ✨ Pros: no money needed to be saved ✨ Pros: our mort

10.2K likes

Is owning a home or renting better for ur finance?

I'd love to hear your thoughts on this. As someone who's been renting for a while, I've always wondered whether owning a home is really the best financial decision in the long run. 🏠 On one hand, owning a home can be a great investment and a sense of security. But on the other hand, it

113 likes

A cozy bedroom features a bed with brown and white gingham bedding, various pillows, and a white headboard. Three framed photos of a couple hang above the bed, with the text overlay "Why I'll Choose a Smaller Home Every Time."

An entryway features a wooden console table with a gold lamp, decorative pumpkins, and a woven basket. A white door is visible in the background, with the text overlay "It forces intentional buying."

A window with white sheer curtains is open, letting in natural light and showing a glimpse of the outdoors. The text overlay reads "Cozy > cavernous" and describes the space as warm and welcoming.

Why I love living in a small home 🫶✨

For a long time, I thought the “goal” was more space. More rooms. Bigger closets. A house that felt impressive. But living in a small home completely shifted my mindset. What I’ve learned is that more house doesn’t automatically mean more happiness — sometimes it just means more to clean, mo

36 likes

Pros will always out do cons

#firsthomejourney #selfdevelopment #Lemon8Diary

8 likes

A bright, modern kitchen with white cabinets, wooden countertops, and a breakfast bar. The image serves as the cover for an article titled "6 signs you're ready for home ownership SWIPE."

Cardboard moving boxes from IKEA on a wooden floor in a new home, with a snowy outdoor view through large windows. The text reads: "1. YOU HAVE STEADY EMPLOYMENT" and "move in day."

A couple embraces in an empty room with a fireplace, symbolizing a new beginning. The text states: "2. YOU'VE BEEN SAVING FOR A DOWN PAYMENT & CLOSING COSTS."

6 signs you’re ready for homeownership

1. Lenders want to see that you have had a steady job for the past 1-2 years so they know you are capable of making your monthly payment! 2. Having a hefty savings account also shows lenders that you are ready and will up your chances for loan approval. 3. Some types of loans will require t

54 likes

A light-colored house with dark shutters and a black front door adorned with a red wreath, featuring a text overlay "Unexpected Home Expenses," illustrating the article's theme of hidden homeownership costs.

A Honeywell thermostat displaying 75 degrees with a target of 62 degrees, accompanied by text explaining the AC wasn't working, highlighting an unexpected home appliance failure.

An image showing a "CHOICE Home Warranty" claim approval for an AC replacement, with text explaining the homeowner paid $75 but waited a month for the repair, illustrating the benefits and drawbacks of home warranty.

Hidden Costs of Owning a Home 🏡

“Buy a house” they said. “Why keep paying rent when you can own?” What they don’t tell you, are all the unexpected things that can happen. 🥲 First year of living in my home, two major home appliances stopped working. During inspection, I was given a heads up from my inspector. “Start saving

24 likes

A young couple, 21 and 23, stands proudly in front of their new house, holding up a set of keys. Text overlays announce, "WE BOUGHT A HOUSE at 21 & 23 years old! here's how ->". The house has light gray siding and stone accents.

Text overlays on a house porch explain the first step to buying a home: living with parents for a year and saving 80% of monthly income by minimizing "fun" money. The background shows the front door and siding.

Text overlays on a house porch detail the couple's loan choice: a Rural Development loan, which didn't require a down payment. They used existing savings for furniture and utility deposits. A tip about finding value further from cities is included.

How we bought a home at 21 and 23!

It wasn’t easy, but it was worth it! Do you hate feeling like the money you’re putting into your rental is just going down the drain? Do you want to make an investment that will reward you in the future? That’s how we felt too. We rented our apartment the first two years we were married. And

2538 likes

#ad Partnered with @Rocket We have LOVED our home owner journey so far - I cannot wait to tackle more projects to continue making this house feel like our home #rocketambassador #homeowning #homeowners #diyprojects

1 like

A hallway with light green wainscoting and white walls, featuring a framed picture with a light above it. Text overlay reads 'First Home pros & cons', introducing an article about first home experiences.

A hallway with light green wainscoting and white walls, similar to the first image. Text overlay lists the 'Pros' of owning a first home, including building equity and trying new design concepts.

An entryway or landing area with light green wainscoting, white walls, and a wooden cabinet. Text overlay lists the 'Cons' of owning a first home, such as unchangeable features and unexpected repairs.

First Home Pros & Cons

Purchasing your first home can be a really exciting time, but it definitely comes with challenges as well. The biggest pro of all is that YOU now own it, and are building equity for your future. It's a great place to start on trying out new design ideas, and can be turned into an investment

37 likes

POV: Tax benefits of owning a home 🏠

If you are a homeowner (or thinking about buying).. don’t miss out on these potential tax perks : 🏃🏾🏃🏽‍♀️🏃🏾‍♂️💨 💰 Mortgage interest : You can usually deduct the interest you pay on your mortgage. 💰Property Taxes - Deduct the amount you paid in a property taxes. 💰Mortgage Points- If you p

0 likes

Affordable Land Ownership Explained

We know so many are on the fence about homeownership and wonder if it’s actually affordable. It really depends on the what, when, & where. The what: House, condo, raw land, or home and land. What are you trying to buy? The when: Is it a buyer or seller’s market? What are the interest ra

934 likes

how I became a homeowner in my 20s 🏡

buying a house seems impossible in your 20s, here’s exactly how i did it 💕 #housejourney #buyingahouse #firsttimehomebuyer #homeowner

22 likes

Home buying: takes longer than you think 🏠

Buying a home is process, especially when it’s your first time. It’s scary, but it’s also very exciting, and satisfying once you get to the finish line. There’s a lot of steps to take. A lot of paperwork and a lot of patience. Which is why it takes so much time. I went through my first home buy

542 likes

First Time Home Buyer Loan Options

1. Conventional Loan • Minimum Down Payment: 3% (usually 5–20% for best rates) • Credit Score: Typically 620+ • Mortgage Insurance: Required if putting less than 20% down (Private Mortgage Insurance, or PMI) • Best For: Buyers with good credit and stable inco

380 likes

Thinking about buying a home? Here are 3 top perks

1️⃣ Build equity with every payment. 2️⃣ Enjoy the freedom to personalize your space. 3️⃣ Stability and control over your living situation. Ready to start your homeownership journey? Let’s make it happen! 🏡✨ #HomeownershipPerks #BuildEquity #PersonalizeYourSpace #RealEstateBenefit

0 likes

5 First Time Homeowner Tips

Years of saving more money than I ever made in my first job at chick-fil-a and taking real estate courses led me to invest in an appreciating asset that isn’t just for me. It’s for my future family and generations that will come from my bloodline. My younger brother passed away before he could

80 likes

Things I wish I knew

Things I Wish I Knew Before Buying My First House (So You Don’t Make the Same Mistakes) Nobody talks about the real cost of homeownership until you’re knee-deep in repairs, fees, and regrets. Here’s what I wish someone told me before I signed the papers— #5 hit me the hardest. Save this if you’

628 likes

Benefits of becoming a homeowner 🔑

1 like

why i bought a home at 21 years old💗💫

#homeowner #homeownertips #homeownershipjourney #whybuy #buildyourcredit #creditbuildingtips

15 likes

Our home buying journey ✨

If owning a home feels impossible right now, hear me out 🏡… we got ours using FHA + down payment assistance. You don’t need 20% saved, you just need to know the right programs. If I can do it, you can too 🙌 #HomeOwnershipJourney #FirstTimeBuyer #FHAloan #DownPaymentAssistance #GenZHomeOwne

28 likes

A four-panel collage showcasing the exterior of a green house, a dining room with a Christmas tree, a cozy living room, and a bedroom, illustrating the benefits of smaller homes. The text "SMALL HOMES > BIG HOMES" is prominently displayed.

A dining room with a dark wood table and chairs, featuring a festive Christmas tree and a decorative wreath, emphasizing how a smaller home means "Less to Clean = More Time Back" for easier routines.

A serene bedroom with a white wooden bed, pink and white bedding, and matching nightstands, highlighting that "Decorating Is Easier and Cheaper" in a smaller space, requiring fewer pieces to feel complete.

Why I Actually Love Living in a Smaller Home 💛🏠

It feels like the internet makes us believe we need a huge house to be happy. But for me, a smaller home has fit my life so much better. It works for our routines, our budget, and honestly my stress levels. For reference, our place isn’t tiny, but on the smaller size - just a comfortable 3 bed,

125 likes

Benefits of buying brand new homes

☀️longer home warranty ☀️lower interest rates ☀️less defects ☀️flexible location and features ☀️lower out of pocket cash Marisol Torres DRE 02215215 📲951-208-9615 Keller Williams the lakes 02053931

2 likes

Homeless With Hope One Night At A Time

Even though I was kicked out of my parents' place and now live hotel to hotel, this is my ‘normal’ when I walk into a room for a day or two. Some rooms are rough, others feel like a hidden luxury. But every space I step into? I make it mine. And believe it or not, homelessness comes with a f

37 likes

June is National Homeownership Month

Here is why that matters For many people, owning a home is more than just checking off a life goal — it’s a huge milestone that represents financial security, personal freedom, and the ability to plant real roots. 🏡 Homeownership means: Fixed housing costs (no surprise rent hikes!) A c

15 likes

An illustration asking 'When should you BUY OR RENT?' with a cartoon person, a house, money, and question marks, indicating a decision-making process.

An illustration showing an apartment building with text stating a current rent of $1800/month, setting up a scenario for comparing renting versus buying a home.

An illustration introducing the '5% rule' to assess if buying is better than renting, showing a house and a calculation: home price $300,000, 5% equals $15,000.

hidden cost of home ownership

#personalfinance #MoneyTips #finance

7 likes

My Homeownership Journey 🏡

My name is Trina & I’ve developed a profound passionate in regards to financial wellness and becoming confident with money. There was a point in time- All my bills were past due and I couldn’t see the light at the end of the tunnel but with dedication, consistency, and effort I changed my t

528 likes

Let’s Talk Homeownership: The Real Costs & Real Be

I’ve had a few conversations lately with folks who are worried about the costs of home repairs or rising mortgage payments with adjustable rate loans. And honestly? Those are very real concerns—so let’s break it down together. Yes, when you buy a home, you’re responsible for repairs, from leaky

8 likes

Why buying a home is an investment

Why does everyone say buying a house is an ‘investment’ when it seems so expensive? It’s true—buying a home is a big expense, but here’s why it’s an investment. If you buy a $220,000 home and it appreciates by 3% annually, in 10 years, it could be worth about $295,000. That’s a $75,000

4 likes

I am SO OVER IT and I just don’t want any of my girls to have the same problems we have had 😭 hoping you guys are interested in this #homeowner #younghomeowners #homeownertips

44 likes

First-Time Homebuyer Tips 🏡

5 Things to Do Before Buying Your First Home Buying your first home? Here are some essential steps every first-time homebuyer should take—from boosting your credit to securing your dream home. Set yourself up for success with these must-know tips! #realestate #realtor #realestatetips #

3066 likes

Owning a home might not be the best way to build wealth (especially with 6%+ interest rates) #buyingahouse #rentingvsbuying

3 likes

Prop 19 Benefits when you buy new home 55yrs old +

First Apartment 🌇 Why I love my space: #buythehouse #Riverside #buyingahouse #FHA #CONVENTIONAL 🏠 Apartment finds: 💸 How I moved out:

2 likes

features for my dream home

#dreamhomes #Lemon8Diary #dreamhousedesign

1483 likes

WHY I LOVE OWNING MY HOME! DO YOU?

More reasons why I love owning my own home: ❤️ My own deck! ❤️ Grilling all year! ❤️ Planting my own garden & flowers! ❤️ Relaxing outside after work ❤️No bitching about my dog! ♥️❓YOU???? Please share a pic or a reason why you love home ownership! Or- why you lov

2 likes

See more