7 Reasons to Own Your Home

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1. Tax breaks. You are allowed to deduct the interest you pay on your mortgage and property taxes. There are other deductions but we here at Real Estate Taxi suggest you check with your local tax professional

2. Appreciation. Housing is, and always will be in high demand no matter which market it is. Your home is always growing in value.

3. Equity. When you owning a home, your mortgage payments build equity in your home. When you rent your money is just being given to someone else so that they can build equity in their real estate property.

4. Savings. The home you purchase and build equity with is a something you can hold onto as a savings plan. Real estate properties are great nest eggs.

5. Predictability. Your can be comfortable that your mortgage payments will stay constant when holding a fixed-mortgage. Comparing to renting an apartment or home, where as your rent and increase over the years.

6. Freedom. You have the ability to add, move and change anything you want within your home, because it is your home. If you are a dog or cat love feel free too own as many as you like when you own your own home.

7. Stability. When you are in a location for a long period of time, you are given the chance to participate in you community. Your also able to establish valuable friendships otherwise lost out on when you rent and move around year after year.

Thank you for reading and best of luck purchasing your dream home.

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1 comment to 7 Reasons to Own Your Home

  • Daniel

    I really enjoy your posts. You do have a strong sense of pride when you finally own a home for yourself

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