Advantages of home ownership
TAX SAVINGS—-THE BIGGEST CASH BONUS TO THE HOMEOWNER
A significant portion of your mortgage, interest and property
taxes–a substantial part of your monthly payments are tax deductible.
HOME VALUES HAVE SUSTAINED GROWTH THROUGH THE YEARS
There’s no better financial investment than ownership! It’s the best hedge against inflation. Your “guarantee” of the increased value of real estate is the only commodity in the world which is absolutely limited in supply. The growth in population constantly increases its demand.
Rome ownership is a primary goal in the American success story. In no other country in the world do so many of the citizens own private property. Home ownership provides both financial and personal satisfaction. By making this investment now, an investment in your future, you or your family can expect a significant return throughout the years.
FREEDOM
You choose the style of the structure, landscaping, colors, furniture and decor. Since you are the “Landlord’ the freedom to arrange or rearrange things to suit your needs is limited only by your creativity and imagination.
PRIVACY
Your home is the place where you can enjoy the many facets of your lifestyle. It can be a center of activity or a quiet refuge. It’s much more than a place to eat and sleep; your home is an integral part of your lifestyle.
SECURITY
Security and knowledge go hand in hand with home ownership. Your feeling of security will be enhanced by the knowledge that your home, a major investment of a lifetime, is a safeguard against inflation. As time passes, a smaller share of your earnings will go toward this housing expense. Owning a home is the beginning of financial independence.
COMMUNITY
You establish roots because your home makes you a part of the community. Your neighbors are homeowners, too, often with backgrounds much like your own.
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7 REASONS YOU SHOULD CONSULT A REALTOR
- A REALTOR has ready buyers for your property.
Real estate is a full-time business and your REALTOR works full time to secure the best price from the many prospective customers in his file. - A REALTOR knows market value. When your property is priced right for the market, you can expect fast action—and full value. A REALTOR knows market value because he stays abreast of all real estate sales transactions as well as economic and social factors which affect property value.
- A REALTOR provides referral service between cities. A REALTOR understands the complexities of selling your property in one city and buying in another–he can make that move easier. Within their local real estate boards or through lnter-City cooperation, REALTORS work together in your best interest by referral of clients and sharing of information.
- A REALTOR synchronizes your “buy and sell” transaction. Timing means money and convenience to you. Your REALTOR will do his best to synchronize your buy, sell, or outright trade transactions by simultaneous closing.
- A REALTOR is an expert in finance counseling. Your REALTOR knows where the money is–for mortgages, secondary financing, FRA or VA loans, or home improvement loans. He will assist you in obtaining the best financing possible and help you to make application for that financing.
- A REALTOR knows the best method of selling or buying property. The techniques of real estate sales, exchange, guaranteed sales, and trade are his everyday tools–he will advise which method is the best for you.
- A REALTOR knows real estate tax laws. With this knowledge, he will suggest the most advantageous tax position for you by structuring your transaction and making you aware of tools such as discounted cash flow, leverage, and depreciation.