Everyone has their own reasons for buying a home. These can range from emotional to financial and everything in between. I would like to point out some benefits that you may not be aware of.
Pride of ownership and investment in your community. Start making memories with family,friends and pets in your home and not a “temporary” home.
A homeowner can expect a high level of privacy. There is no landlord or maintenance person that has a right to enter your home.
Flexibility in design, style and usability is a homeownership avantage. You can change the items you wish, when you wish. You can give a pet, or lots of pets, a home too! You can mow your yard, plant a garden, build a gazebo or playground, have a party or gathering or anything your heart desires (within the limits of the law).
Home ownership is a good investment. Equity is built up through years of payments, creating a “savings” account for the owner, and increases long term wealth. It is a more stable payment expectation than rent as you are able to do fixed rate mortgages, rent is subject to the market rates and increases, and therefore not a fixed housing cost.
Homeowners realize tax savings that renters do not. Mortgage interest and property taxes are often deducted on income tax.
Contact me if you would like to realize your dream of buying a home peggy@zagpropertysales.com or 970-261-9326
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