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Wednesday, July 18, 2007
RESALE VALUEA few generations ago it wasn't unusual for people to live in the same home for many years,
sometimes the rest of their lives after becoming homeowners. We're more mobile today, always "moving up" to
a larger house or relocating to a new town.
So it makes sense to put some thought into buying a home with a good resale value, one that will sell easily and put extra dollars in your bank account if you do decide to
move.
When you find a home you are interested in, I would love to hear from you. Or if you just have some questions please do not hesitate to contact me.
Wed, July 18, 2007 | link
Tuesday, July 17, 2007
HOMEOWENERSHIP HAS MANY ADVANTAGESHomeownership has many advantages - both financial and personal. But buying a home is an important decision. Look at the benefits and the differences between homeownership and renting to better understand
if owning a home is right for you.
- Tax savings.
You may earn significant tax savings because
you can deduct mortgage interest and property taxes from your federal income tax and many states' income tax if you itemize
your deductions.
- A more stable monthly housing expense.
Your monthly housing loan or mortgage
expense can remain the same for the life of your mortgage, depending on the type of loan you choose.
- Equity.
You may build equity in your home over the life of your loan, which allows you to plan for future goals like your child's
education or your retirement.
Tue, July 17, 2007 | link
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All information deemed reliable but not guaranteed.