Home Ownership

By
Real Estate Agent with Real Estate International, Inc. 013146

Homeownership has many advantages - both personal and financial - but buying a home or an
investment is an important decision. Understanding the differences between renting a home or an
apartment and buying your own property can help you decide if it is the right time to make that 
decision right now. 

Benefits of Home Ownership or Owning Real Estate Investments:

  • Tax savings
    You may earn significant tax savings.benefits  because you can deduct mortgage interest & property taxes from your federal income tax as well as many states' income tax if you itemize your deductions.
    Speak with your CPA or tax advisor and you'll see the huge benefits.
  • A stable monthly housing expense 
    Your monthly housing loan or mortgage expense can remain the same for the life of your mortgage, depending on the type of loan you choose. You can do a 30 year or 15 year mortgage and most of
    the loans today even have a NO prepayment penalty. 
  • Equity in your home or investment
    You may build equity in your home over the life of your loan, which allows you to plan for future
    goals like your child's education, starting your own business or your retirement.
  • Personal satisfaction 
    Your home can be a great source of pride and satisfaction - giving you peace of mind that you've
    built a solid foundation on which to build yours and your children's future.

 

So if after you review all the positive factors listed above and you make the decision tha tyou want
to check into this further, don't hesitate to meet for a coffee or lunch to discuss your options.

Dagmar Sands - Real Estate International, Inc. - World Class Real Estate Broker

Johns Creek Realtor, International Real Estate Agent - CIPS, FIPC, ABR 

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home ownership
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Rainmaker
212,530
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

With rent going up all across the country and house prices rising as well, if you know you'll be somewhere for a few years it is best to buy now. 

Sep 01, 2015 06:19 AM #1
Rainmaker
2,915,996
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Dagmar - You are right, home ownership has many benefits.

Sep 01, 2015 10:11 AM #2
Rainer
552,871
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for bringing out the obvious advantages of owning a home verses renting one.  Consumers need that education from professionals like us!!!

Sep 01, 2015 09:04 PM #3
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Rainmaker
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Dagmar Sands

International Real Estate Agent, CIPS, FIPC, ABR
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