Food For Thought -Why Purchase A Home vs. RENTING?
Year 1: You decide to live in an apartment and sign a lease for $1,100 for a year , that would equal $13,200 and represent no tax write-offs.
Year 2: You decide to sign on for another year and your landlord increases your rent by 3% for utility hikes and you are now paying $1,133 or $13,596 per year. In two years this represents $26,796 that equals no tax write offs.
Year 3: Your very comfortable, landlard is great, communitcates and maintains the property your happy...another rent increase of 3%, your now paying $1,167/month or $14,004 in the 3rd year to total $40,799 with no tax write offs!!
Please...consider calling me and talking about your situation. Let me help you get pre-qualified to see if you can purchase your own home or condo and then put a plan into action to help you obtain home ownership AND receive $8,000 from Uncle Sam when you put your home under contract by April 30, 2010.
Need More Reasons:
- Mortgage Rates are Still A All Time Low
- Great Mortgage Plans w/only 3.5% Down for Qualifying Buyers
- Can Contract For Seller To Pay For Part Of Closing Costs
- You can write off Interest Payments
- You can play your music any time of night