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Why Buy a Home in Fargo When You Can Rent?

Services for Real Estate Pros with Paulchristl.com

fargo real estateAnswer: A home in fargo moorhead is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. This will save you a lot each year, because the interest you pay will make up most of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, you’ll enjoy having something that’s all yours - a home where your own personal style will tell the world who you are.       Let the Pros Help you
Paul Walker
Equity Fifty Five Realty, LLC - Scott AFB, IL
Scott AFB IL Area Realtor

Good point! Thanks for sharing it.

Oct 01, 2010 05:08 AM