Why Buy Instead of Rent

By
Real Estate Agent with Mike Bowman
 

When you're thinking about buying a home, it's essential for you to be confident
in your decision
to buy instead of rent. However, you
may not know about the many
great reasons to buy a home! Here are just a few of them:



Smart Investment

When you invest in a home, it offers the possibility for appreciation in value.
The equity becomes yours when you're still paying off your mortgage. You even get
to live in it while your investment matures.





Tax Advantages

Since both mortgage interest and property taxes are tax deductible, home
ownership can save you significant amounts of money every year.



Planned Housing Cost

You decide how much you spend on your home, including repairs and improvements.
Unlike renters, homeowners with a fixed-rate loan can lock in their monthly housing
costs.


Improvements to
Your Taste


You can choose which improvements to make to your own
property, such as a deck, kitchen remodel, or new paint, instead of needing permission
from your landlord.


When you rent you are buying a home for the landlord.
If you have more questions about making a decision to buy a home,
please feel free to call or email me at 817 217-0005 or cherylsellshomes@gmail.com

Comments (1)

Nor Yeretsian
Envoy Capitol Realty Inc. - Toronto, ON
Envoy Capitol Realty Inc., Brokerage Toronto

Ceryle thanks for the list of advantages it is good to remind ourselvies.

cheers

Nor

 

Mar 30, 2011 03:27 PM