Wednesday

First Time buyer?

First time buyers... this is a great time to buy! Interest rates are at an all time low and the housing market is beginning to turn around! The supply is down, but I can help you find one... If you are ready to buy your first home... here are the perks! When you make a mortgage payment, you are building equity - and that's an investment. Owning a home not only qualifies you for tax benefits, but it also gives you freedom, stability, and security. The mortgage interest and real estate taxes are tax deductible, which allows you to subtract part of your housing related expenses from your taxable income, which could reduce your tax bill. In many cases, the amount of money a renter spends on rent can be about the same as or less than the amount a homeowner spends on a mortgage. With the tax benefit for homeowners, the savings can be significant! Renting gives you the freedom to move and the land lord to fix your problems, but annually the rent may increase, evictions may occur, and your freedom to decorate and make changes will be strapped. So are you ready to live in a community with stability and a sense of security for a longer period of time? Then get ready to enjoy the perks of tax breaks, freedom, and your first home...!