Owner Occupied

Owner Occupied

An owner-occupier is an individual who purchases a property with the intention of living in it as their primary residence.  This term is often used in the context of real estate and mortgage financing to distinguish between those who buy a property to live in (owner-occupied) and those who buy a property as an investment to rent out (investment property).

When you're buying a home or apartment you intend to live in, it's called an owner-occupied property.

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If you plan to rent the property to tenants, it's considered an investment.

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