Benefits of Owning Vs Renting at Daybreak in South Jordan, UT
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The benefits of Owning vs. Renting at Daybreak in South Jordan, UT

From the sense of security to the tax savings, there are many upsides to buying your own home. While this decision takes a lot of thought and planning, the benefits of homeownership almost always outweigh those of renting. With so many financial programs and loan choices for first-time buyers, there is no reason you cannot purchase your very own, brand new Sego home at Daybreak.


Daybreak is a unique community in South Jordan, Utah, that features a mix of neighborhoods, home styles, and people. There is also an active lifestyle, complete with community gardens, 22 miles of trails, a pool & splash pad, over 250 acres of parks and open space, a 67-acre man-made lake, playgrounds and parks, a community center, a fitness center, soccer fields, and sports courts. 

As a homeowner, all this can be yours.

First off, let’s look at the reasons why people rent:  

Problems Qualifying. Being able to show a history of on-time payments is beneficial when qualifying for a mortgage. If you’ve had credit problems, it may be a good idea to rent and build up a good payment history. Improving your credit score before purchasing a home may qualify you for lower interest rates, which will impact your monthly mortgage payment.

Geographic Uncertainty. If you aren’t sure that you want to live in a particular neighborhood, you may want to rent before you purchase. Allow yourself a few months to test out the neighborhood before making a longer-term commitment.

Career & Income Uncertainty. If you are just beginning your career or think that a job change is in your near future, renting may be the best option. Renting is a more flexible option if there is uncertainty in your career or income level.

However, if you have enough for a down payment, and you feel that you are ready, you can absolutely own your own home. Here are a few reasons to consider buying a Sego home in Daybreak:

Build Equity. This is one of the top reasons people decide to buy a home. Homeownership is a solid investment for those who plan to stay in their homes for several years, because values almost always appreciate over time. Now is a great time to buy a home and begin building equity.

All New Everything. No one has lived in your Sego home before! With rental homes, there is no telling how many people have been in the home and caused wear and tear on the finishes and systems. When you buy a new home in Daybreak, not a single person has used anything in the home before you. 

No Landlord. When you rent any home, you are subject to the whims of the landlord. He or she could decide to sell the home, raise the rent on a whim, or anything else he or she decides to do as the owner of the property. When you own a home, there are no surprises that you cannot control, plus you can paint your walls any color and have as many pets as you would like.

Financial Predictability. With a fixed-rate mortgage, you know what your principal and interest payments will be for the duration of your loan — even if it is for the next 30 years. This allows you to plan and save for other important things in life, like a new car or college education.

Tax Benefits and Savings. When you own your home, a portion of each month’s mortgage payment goes toward paying back the principal loan amount, which means you are building equity steadily over time. Best of all, you enjoy tax deductions on interest payments and property taxes, which means more money in your pocket at the end of the year. 

When you look at the benefits, there is no comparison. If you can afford to rent for years, it is very likely you can afford to own — and reap the many benefits of homeownership. To take the first step to buying a brand new home at Daybreak, get in touch with our preferred lender to learn how much home you qualify for.


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