Reasons to Buy a Home:

Home values tend to go up over time making a house is one of the best investments you can make. Home prices in the U.S. have risen one percent to three percent per year for the past 20 years. That trend is likely to continue. 

Pay less income tax. Depending on your tax bracket you may be able to deduct the interest you pay on your mortgage from your taxable income at the end of the year. The amount of tax break will depend on factors like your personal tax bracket, the size of your mortgage, the rate of interest you pay on it and how long you’ve had the mortgage. As a general rule, the newer the mortgage, the greater the amount of interest you pay each month and the bigger the tax break. Recent borrowers with young mortgages tend to most benefit.

You’ll be buying real estate rather than paying your land lords mortgage payment. The real cost of renting is higher than the monthly payment. 

Interest rates are still at a historically low. This makes it relatively inexpensive to take out a mortgage. The lower the interest rate, the less you actually pay for your house and the sooner you can pay the mortgage off. Our loan calculator can show you how different interest rates affect the total cost of your mortgage 

You’ll be able to use the equity in your home for low-cost loans for other purposes. You may be able to access the equity you accumulate in your home in the form of a HELOC or home equity line of credit. Because HELOC’s are secured by your house, home equity loans and lines of credit generally carry a lower interest rate than other types of consumer loans, such as auto loans. The interest on them are generally tax-deductible.

You’ll have the stability and emotional security of owning your own home. No more worrying about negligent landlords, rent increases or the possibility your rental home being sold from underneath you. You’ll be able to live in your house as long as you like, fix your monthly payments for as long as 30 years

You’ll be able to redecorate and renovate any way you like, any time you like. Rules about the paint colors you can use will be a thing of the past.

You’ll be able to joing a community. When you’re a homeowner, you’ll get to know your neighbors, participate in yard sales, meet potential baby-sitters and play Saturday-morning touch football in the park.

Let’s get in touch! Your home is just a few steps away.