Owning a home is an American dream that everyone should enjoy. In talking with people daily, there is often hesitancy when making the “biggest purchase” of your life. I have found that the fear of purchasing a home is often fueled by the mis-education or non-education of the home buying process. My goal is to combat that by educating you throughout the process.
If you are serious about taking the next steps towards homeownership, please schedule your FREE virtual buyer consultation here.
Still researching? Feel free to use this site as a guide. Just know that I am available to answer any questions you may have.
Why buying is a good idea
- Owning a home costs less than renting. An investor’s ultimate goal is to make money off a property. The rent you pay not only covers the mortgage payment but often times, includes a built-in profit. In these cases, you can get a similar home with a smaller monthly payment.
- Owning a home allows you to claim several tax deductions that renting does not. There are deductions for mortgage interest, mortgage points and real-estate tax payments.
- Owning a home helps you build wealth. Purchasing a home is an investment and the goal of any investment is to generate a substantial return (ROI). Your rate of return on buying a home is often greater than most any other investment you make. And when you sell your home, most likely you won’t have to pay taxes on the profit.
Think you’re ready to purchase? Check out these simple steps to purchasing a home.