Benefits of Owning a Home

 

In terms of life events, buying and owning a home is up there. Graduation, marriage, babies, homeownership. The American Dream. Homeownership is not just a roof over your head! It represents shelter, stability, wealth, and pride!

 

When you think about buying a home, many questions will come to mind.

Do I really need to buy a home?

Is my income going to grow?

Will I stay in a home long enough to benefit from the purchase?

Have I got enough money saved?

Am I ready for the responsibility?

 

 

Buying a home may be the American dream, but it’s also a monumental task: You have to clean up your credit, apply for a mortgage, scrape together a down payment, and then move all your worldly possessions in after you close on the deal.

If you need some inspiration to start house hunting or just want to make sure you’re taking advantage of all owning a home has to offer, check out my top 5 list of perks of homeownership.

 

Appreciation

Home prices appreciate annually.

Home Equity

You earn equity every month. This can help later with financial goals.

Tax benefits

Many expenses of owning a home are tax deductible.

Freedom

It is yours, update, paint, and change to your heart’s desire.

Stability

No rent increase after your lease is up. You have a fixed mortgage, no surprises.

 

Homeownership allows those who have paid off their mortgage to eventually live a “rent-free” retirement. There are many benefits to take advantage of when owning a home.

 

Is owning a home is part of your dream?

Contact me now and I will help you start the process!