Buying a home is the single largest investment most people ever make. Although the purchase of a new home may at first seem overwhelming, the security and comfort of owing a home along with all the financial benefits are powerful inducements to owning a piece of the American dream. The benefits include:
- Wealth building: Every time you make a mortgage payment, you build up equity in your home. Over time, this built-up equity can become a valuable asset and becomes a part of your overall wealth portfolio.
- The tax advantages: The interest part of your mortgage payment is usually tax deductible. Please consult with your tax advisor to see if you qualify for this deduction.
- Eliminate landlord/tenant hassles: No more rent increases and non-renewed leases.
- Freedom to make your own changes: You are free to decorate, renovate or remodel your home as you see fit. Keep in mind you must comply with local zoning codes and Homeowner’s Association requirements (if any).
The financial and personal rewards of homeownership are clear, as long as you prepare for the responsibilities that come along with homeownership and choose a mortgage product that is right for you.
Call me now to get started or visit my website for helpful information on buying or selling a home. Traci L. Marra
1400 N Providence Road
Media, Pa 19063
610 565-1995 office
610 653-6870 cell
A real estate expert you can trust!