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:
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.
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