Many people decide against owning a home because they think it’s too much of a hassle to go through purchasing it. However, in the end, rather than being able to fall asleep in a bed in a home they can call their own, they’re stuck paying rent and having to move from apartment to apartment or renew leases.
There are many reasons why owning a home is the way to go. Here are some of the benefits to owning a home:
1. It’s yours. You don’t have to answer to that cranky landlord or nosy landlady. Your home is yours to paint, furnish or experiment with as you see fit.
2. Tax deductions. When you own your home you are able to deduct taxes from your mortgage and property taxes.
3. Stability. You don’t have to worry about leases, paying rent, unaccounted for damages or anything of the sort. When you own the home, it is always there for you to come back to. No early lease surprises for you!
4. Equity. You may make the argument that if you’re not paying rent, then you’re paying mortgage, but they’re two different things. When you pay rent, that is money that you will never see again. But when you pay mortgage, you are able to create equity interest, which will help you.
These four reasons are just the tip of the iceberg when it comes to owning a home. With Spring here and mortgage rates remaining down, there has never been a better time to buy that house you’ve always wanted and paint it the color you’ve dreamed of! Now REALLY is the time to buy. Call The Wemert Group today! 407-412-8488