Help For Buyers!

Buying a home doesn't have to be a chore. In fact, it can be a lot of fun with the right information and guidance. Of course, making the decision to purchase a new home is a big deal. Is home ownership for you?

7 Reasons to Own Your Home

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.

2. Appreciation. Real estate has historically provided long-term, stable growth in value. While year-to-year fluctuations are normal and in the last few years (2006-present) we've experienced a drop in value, it remains true that median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005. In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5. Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.

6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.

7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

Should You Buy Now?

Many people want to buy now but they are afraid that the time isn't right. You can read about our current market conditions by clicking here.

More Useful Info For Buyers

Just point and click the page title you'd like to read more about:

Applying for a Loan
How I Work with Buyers
Ethics in Real Estate
First Time Buyer
Gated Communities
Home Appreciation
Home Buyer Checklist
Homeowner Warranties
Information Library-Wide Variety of Articles
Loan Related Closing Costs
Mortgage Calculators-Many Types!
What is a Bridge Loan? How Does it Help Me?