10 GREAT REASONS TO BUY A HOME
1. Quality of Life
A home provides stability and security for you and your loved ones.
2. Pride of Home Ownership
It’s your personal haven and you’re your own landlord.
3. Historically low interest rates
Around 5.5 % in the U.S.
4. Tax Credit
U.S. government provides a special $8,000 incentive for qualifying first-time buyers.
5. Appreciation Potential
Your home investment can grow in value.
6. Equity Buildup & Debt Pay Down
Homeowners enjoy an average net worth of approximately $184,000 vs. $4,000 for renters.
7. Leverage
Where else can you buy an investment of this magnitude with 5-10% down?
8. Tax Deduction Advantages
Property tax and mortgage interest write-offs
9. Tax Exemption
Up to $500,000 per couple or $250,000 per person on sale of a primary residence in the United States
10. The Real Cost of Renting
At $800 per month, with the average 6% rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property
Find a Buyer’s Agent, or start your Home Search with us now!
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