Why Own Your Own Home?

As well as helping people buy and sell properties, I also help families lease homes.A� I often refer them to my rent vs. buy calculator so they can see that owning a home does not cost much more than renting a home.A� Why pay someone else’s mortgage for them?A� There are many reasons to own your own home.A�

First of all, when you own your own home you can take advantage of tax breaks.A� You can deduct the interest you pay on your mortgage and property taxes.A� Houses usually appreciate in value over time, so you gain equity.A� Now I know right now houses in most areas are not appreciating, but in general, usually houses do appreciate over time.A� When you pay rent, you lose that money.A� But when you purchase a home, part of that monthly payment goes towards your equity in the home.A� Through the years, you will gain equity and pay down the mortgage.A� Usually, afterA�30 years people can own their homes free and clear.A� Building equity is like a savings plan for most homeowners.A� If they need money, they can take out a home equity loan and use the equity to make purchases when needed.A� Also, your mortgage payments do not increase over the years unless you have an adjustable rate mortgage.A� Many landlords do increase rent yearly.A� When you own a home you have the freedom to make whatever decorating changes you want.A�

There are many reasons to purchase a home instead of renting or leasing a house.A� Right now, first time home buyers can take advantage of the $8,000 tax credit.A� That is free money from the government that won’t be around much longer – it ends this April.A� If you would like to explore your options in home ownership, please call me today so we can get started.A� I have helped many renters enjoy the opportunity of home ownership and that is what makes my job as a REALTOR so exciting! when will actonel go generic http://www.aaabuyitaly.com/how-much-does-glucophage-cost-in-south-africa/ cheap pills wkuld cipro 500 killl parasites price of benicar 40 mg