Buying a Home in Columbia, MO

Mortgage and Lending with USA Mortgage NMLS: 156613 | MLO-1192

First time homebuyers have many personal and financial advantages. By committing to home ownership, you have achieved a common dream, and you've earned the right to benefit from your hard work. Here are some of the advantages:

Save Money at Tax Time

Homeowners are rewarded by the federal government, as well as many state governments. As a homeowner, you can deduct your mortgage interest and property tax obligations.

Wise Investing

Home buying is one of the most secure investments you can find. The national medium home price increased steadily since 1968. So, if you stay in your home, or keep your home as an investment property, you'll likely earn some pretty significant capital gains on your initial investment.

Establish Strong Credit

Buying a home can help people with less than perfect credit, or even bad credit, rebuild their financial standing. By making mortgage payments on time every month, homeowners can establish another level of credit history. Timely repayments establish your reputation as a positive risk for lenders, meaning that a homeowner's credit improves each time he or she makes a payment on time.

Financial Stability

This is one of the biggest rewards of owning a home. On a fixed rate mortgage, homeowners know exactly what their payments will be for the years to come. Renters do NOT have this luxury. Many don't know what they will be paying next year or five years down the road. More times than not, once you buy a home everything else seems to fall into place.


Our First Time Homebuyers Seminar is this Thursday (1-27-2011) at 7pm. The seminar is going to be held at the Vineyards Subdivision here in Columbia. There will be a presentation with lots of great information and time for questions. Please come if you are interested in one day buying your own home. Call 573-234-6342 for questions regarding the seminar. Hope to see you there!


Comments (3)

Rob Smith
Rob Smith Property Investigations - Jefferson City, MO

Great post and information Reza.  I may be moving my inspection service business to your area.  I'll stay in touch!!  Please call or write when you can.

Jan 26, 2011 03:37 AM
Reza Abadi
USA Mortgage - Columbia, MO

Thank you Rob. Let me know when you come to CoMo and we can meet up.

Jan 26, 2011 09:58 AM
Rob Smith
Rob Smith Property Investigations - Jefferson City, MO

Good Morning Reza!  I will stay in touch. Thank you for the invitation!!

Jan 28, 2011 12:40 AM