6 Reasons to Buy a Home

By
Real Estate Agent with RE/MAX Fine Properties

Happiness - The feeling of owning your own home is exciting and gives you a sense of accomplishment. You get the benefit of making it your own. Doesn't that sound wonderful!

Tax Savings - The government rewards homeowners by providing tax benefits. The interest paid on your mortgage can generally be deducted from your income.

Appreciation - Home values have a well-documented history of growing over time. This increase becomes equity that benefits you by adding to your financial wealth.

Equity - Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes toward the principal balance on your loan. This builds your equity and acts as a savings account.

Roots - People who own tend to stay in their homes four times longer than renters. This creates an opportunity to get to know your neighbors and connect with your local community.

Education - Research shows children of homeowners earn higher test scores and graduate at a higher percentage than those of renters. Home ownership creates a stable environment for your children that pays off for them, too.

If you're considering the path to home ownership, give The Gina McKinley Group a call at 480-355-8645 or email Info@LocateArizonaHomes.com today! 

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Comments (5)

Rekha Vyas
Keller Williams Realty of Brevard - Melbourne, FL

All good reasons to become a homeowner. The day a person becomes a home owner is usually one of the happiest days of their life.

Mar 12, 2019 05:53 PM
Barbara Le Pine
ADVANTAGE REAL ESTATE, serving Lincoln County - Newport, OR
Your agent for the Central Oregon Coast!

Another good reason is the ability to have the freedom to have Fido and Felix, without fear of eviction for having a pet.

Great blog!

Mar 12, 2019 06:24 PM
Dorte Engel

And painting the walls something other than Navajo White.

Mar 12, 2019 09:19 PM
Leif Price
Chirpy Home - Portland, OR
Blogger at Chirpy Home

Best feeling is that of accomplishment of owning your own home. Great blog.

Mar 12, 2019 06:59 PM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Many great reasons to buy a home now or any time.  Don't wait for another time

Mar 12, 2019 07:19 PM
Dorte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton & rest of Maryland

Dear Gina,

Those are all great reasons. Every time. Once you are one, you want to do it again, when you have to move.

Mar 12, 2019 09:18 PM