1. Quality of Life - a home provides stability and security for you and your loved ones.
2. Pride of Home Ownership - it's your personal haven.
3. Historically low interest rates - around 6.5 percent in the US.
4. Appreciation potential - your home investment can grow in value.
5. Equity buildup and debt pay down - homeowners enjoy an average net worth of approxiately $184,000 versus $4,000 for renters.
6. Leverage - where else can you buy an investement of this magnitude with 5-10 percent down?
7. Tax Deduction Advantages- property tax and mortgage interest write-offs.
8. Tax ememption - up to $500,000 per couple or $250,000 per person upon the sale of a primary residence in the US.
9. The real cost of renting - at $800 per month, with the average 6 percent rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property.
To learn more about what I can do for you visit me, Carol Swain at www.swainsells.com . Also check out current homes for sale in Bucks County, Pa and surrounding areas.
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