6 Reasons to Own a Home

Owning a home is more than a financial investment.

It’s an investment in quality of life – particularly if you have a family or if you’re planning one.

You can decorate or renovate however you like, customize your landscape, rule the roost!

It’s your home.

This article provides a quick look at the top six reasons to won a home.

Top 6 Reasons to Own a Home

  1. Happiness

The feeling of owning your own home is unmatched. You can fix it up, make it your own, get a dog, or plant a tree if you want. Doesn't that sound exciting!

2. Tax Savings

The government rewards homeowners by providing excellent tax benefits.

The interest paid on your mortgage and other home-related expenses can generally be deducted from your income.

3. Appreciation

Home values have a well-documented history of going up over time.

This increase becomes equity you can benefit from when you refinance or sell.

4. Equity

Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes toward the principal balance on your loan.

This builds your equity and acts as a savings account.

5. Roots

People who own rather than rent stay in their homes 4 times longer.

This provides an opportunity to get to know your neighbors and connect with your local community.

6. Education

Research shows children of homeowners earn higher test scores and graduate at a higher percentage than those of renters.

Conclusion

Home ownership can be beneficial to many parts of your life: financially, emotionally, and familial.

If you want stability, a sound investment, and a big yearly tax break consider buying property.

Download your PDF version of “6 Reasons to Own a Home.”


This FREE service/info is brought to you by:

Jeff Herrera, Licensed Real Estate Agent, Lyons Share Real Estate.

Serving Las Vegas and Surrounding Areas.

Have Questions? Call Today!  (702) 481-4887