Homeownership Makes Dollars And Sense

Homeownership Makes Dollars And Sense

Now is a great time to purchase a home. With interest rates historically low, home affordability is on an all time high. Below are the 5 biggest advantages to homeownership

1. Equity. Over time, homes have always gained in value, so you can expect to het your investment back and typically much more when you are ready to sell.

2. Tax Deductions. Save money while writing off your interest on your mortgage and your real estate taxes instead of letting a landlord get the benefit.

3. Credit. Money you put down and pay into a mortgage to build equity can be made available to you in the form of line of credit or in the form of a loan.

4.Stability. While landlords can raise rents every year, you can choose a fixed-rate mortgage where payments stay the same.

5.Lower payments. If you can afford a low payment, your monthly payment may actually be less than your rent.

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Phone: 201-669-7520
Dated: January 22nd 2016
Views: 331
About Kelly: Having the right real estate agent means having an agent who is committed to helping you buy or sell...

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