Seven Powerful Reasons To Own Your Home
One of the questions I get asked frequently while giving folks my 30-second elevator speech is "Why should I buy a house?" I always give my clients the following answer: Because it's the perfect way to build equity and create wealth.
Yes, most people focus on the economic aspect of homeownership when thinking about it. However, being a homeowner gives you many other privileges beyond having an asset that appreciates in value over time. Realtor Magazine summarized those benefits into seven reasons to own your home:
1. Tax Benefits
2. Appreciation
3. Equity
4. Savings
5. Predictability
6. Freedom
7. Stability
A couple of notes from my own personal and professional experience... Owning your home will benefit your pocket now and in the long run. There are several deductions you may take on your income tax return every year. It's still cheaper to pay a mortgage that to pay rent on a monthly basis. Instead of paying a landlord, you pay yourself! If you own the home long enough, you may have tax free income when you sell it. Owning your home also means you avoid the added expense and logistical nightmare of moving from place to place after the end of your lease.
Also, owning your home allows you to build a nest, raise a family and create memories. That goes to factors 6 and 7 on the list. Your home is the base and foundation of your daily activities. Owning it and tailoring it to your needs and likes adds to the joy of developing your family. Owning your home gives you a stable and steady environment to properly set the building blocks of that beautiful thing we call family life,because after all, home is where the heart is.
If you are ready to take the next step and become a homeowner, call me today at (407) 443-3833 or visit my page at www.MiltonTheRealtor.com. I will find the the perfect Florida home for your family!
* - Don't forget to connect with me on LinkedIn, Facebook (English and Spanish) and Twitter!
Yes, most people focus on the economic aspect of homeownership when thinking about it. However, being a homeowner gives you many other privileges beyond having an asset that appreciates in value over time. Realtor Magazine summarized those benefits into seven reasons to own your home:
1. Tax Benefits
2. Appreciation
3. Equity
4. Savings
5. Predictability
6. Freedom
7. Stability
A couple of notes from my own personal and professional experience... Owning your home will benefit your pocket now and in the long run. There are several deductions you may take on your income tax return every year. It's still cheaper to pay a mortgage that to pay rent on a monthly basis. Instead of paying a landlord, you pay yourself! If you own the home long enough, you may have tax free income when you sell it. Owning your home also means you avoid the added expense and logistical nightmare of moving from place to place after the end of your lease.
Also, owning your home allows you to build a nest, raise a family and create memories. That goes to factors 6 and 7 on the list. Your home is the base and foundation of your daily activities. Owning it and tailoring it to your needs and likes adds to the joy of developing your family. Owning your home gives you a stable and steady environment to properly set the building blocks of that beautiful thing we call family life,because after all, home is where the heart is.
If you are ready to take the next step and become a homeowner, call me today at (407) 443-3833 or visit my page at www.MiltonTheRealtor.com. I will find the the perfect Florida home for your family!
* - Don't forget to connect with me on LinkedIn, Facebook (English and Spanish) and Twitter!
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