SEVEN REASONS TO OWN YOUR OWN HOME
1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.
2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the National Association of Realtors®. In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.
3. Equity. Money paid for rent is money that you'll never see again, but mortgage payments let you build equity ownership interest in your home.
4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
5. Predictability. Unlike rent, your fixed-mortgage payments don't rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.
6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.
7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.
ANOTHER ONE OF THE BEST REASONS TO OWN A HOME IS "PRIDE OF OWNERSHIP" THAT EVERY HOMEOWNER EXPERIENCES!
SEE FOR YOURSELF AND GO TO THE "RENT VS. OWN" CALCULATOR TO SEE IF OWNING A HOME IS RIGHT FOR YOU.
SEE "HOW AN AGENT CAN HELP YOU" FIND THAT PERFECT HOME.
These are just a few ways that a quality real estate agent, like myself Lyn Sims, can help you in your search towards buying a home. More information for buyers, sellers, and the complete process can be found on my website or by calling me directly. I'm confident that I can provide the kind of exceptional service that will make this process an exciting one! Please don't hesitate to call (847)230-7324 or EMAIL ME at 
LynSims@remax.net with any questions you may have.
Looking forward to working with you!
LYN SIMS RE/MAX Suburban (847)230-7324
Serving the Schaumburg Area communities of Hoffman Estates, Roselle, Elk Grove Village, Medinah, Hanover Park, Palatine, Streamwood, Carol Stream, Bloomingdale, Bartlett, Elgin, South Elgin.
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