Owning a home while you are still young is an achievement unlocked. It is seldom that you find people who take on this responsibility while they are just building their career or are still learning how it is to be an adult.

The whole process of purchasing your first home can be challenging. As such, many feel that they have to be older in order to do this undertaking. However, there are many advantages to buying your home while you are still young. Although this may seem like a daunting task, if you invest wisely, the rewards will definitely be worth it. Here are the pros you’ll enjoy when you buy a home in your 20s.

1. You’ll have more freedom.

Sharing your home with another person, whether it’s a family member or a friend or a co-worker, means having to consider their wants and needs when making a decision or changes in the property you are living in. And if you are renting, you have to ask for permission first from your landlord before you can improve your home.

But when you have your own space, you can do whatever you want without having to consider other people’s feelings or get approval all the time. Your decisions are your own. So whether you want to paint your walls hot pink or fuchsia to liven it up, nobody will tell you no.

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Enjoy quality “me time” in this comfy bedroom at The Vantage at Kapitolyo.

2. You’ll pay off your housing loan faster.

Enjoy the benefit of time when you buy a home before you’re 30 or 40 years old since you have a longer period to pay off your loan.

If you will be single-handedly shouldering all the expenses and you won’t be getting help from your parents or other people, chances are, you’ll be getting a 25-year or so mortgage. But would you still want to be paying debts by the time you’ve reached your retirement age? Of course not! By the time you stop working, you should not worry about meeting your monthly housing loan payments. Rather, you should be relaxing at home, having fun with your apos, and enjoying more leisure time.

Here are some tips on how to get your home loan approved asap.

3. You’ll feel more like a grown-up.

#Adulting is no easy feat. It means you start creating your own path in your own terms and being responsible for your choices. And to be able to buy a home on your own early is one phase of being a mature person who is ready to take on life and enjoy the fruits of their labor.

4. You’ll have a potential income.

What if you were promoted and need to relocate to another city? Or maybe a new opportunity opened up for you abroad? What if you are entering a new stage in your life like a marriage or a new baby? Would the property you’ve bought, and maybe still paying for, be in vain? Definitely not!

When you have a home, you can rent it out and earn extra income. Furthermore, real estate investments appreciate over time. In the event that you decide to sell your home, its price has probably gone up. Any property, even if not located in a key area, is definitely a worthwhile asset for you.

5. You’ll be a #legit homeowner.

To be able to say, “I am a homeowner,” even just to yourself, is really something to be proud of. Again, not many millennials will be able to claim this. It means you’re one step closer to building the life you want in the place that’s going to be a symbol of your hard work and perseverance.

6. You’ll learn a lot.

More than just enjoying being called an adult, buying a home at an early age will teach you a lot of important lessons. You’ll be learning how to manage your finances more responsibly, be more disciplined and smart in your spending, and be independent. You will have a great head start among your friends and other people your age who take for granted investing in more valuable assets.


But perhaps, the greatest lesson in investing in real estate property is that you’ll change the way you think about life, your priorities, and how you’ll face different challenges.

Here are some tips on how to buy a home especially when you’re single.

Ready to buy your first investment? Check out properties for sale here.

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