Owning a home has great financial benefits, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.
Mortgage payments can be fixed while rents go up.Equity in your home can be a financial resource later.You can build wealth without paying capital gain.A mortgage can act as a forced savings accountOverall, homeowners can enjoy greater wealth growth than renters.
2.Studieshave shown that a homeowner’s net worth is 45x greater than that of a renter.
4. Some argue that renting eliminates the cost of taxes and home repairs, but every potential renter must realize that all the expenses the landlord incurs are already baked into therent payment –along with a profit margin!!
I am available to help you determine what options will work for you.
First Choice Loan Services Inc. (NMLS# 210764), a Berkshire Bank Company (NMLS# 506896), is located at One Tower Center, Floor #18 East Brunswick, NJ 08816. First Choice Loan Services Inc. is registered or exempt from state licensing in the states it originates mortgage loans. Licensed by the NJ Department of Banking and Insurance. AZ BK #0918586. First Choice Loan Services Inc. is not an agency of the federal government and is not affiliated with your current lender. All loans are subject to credit approval. Programs, rates, terms and conditions are current, but are subject to change and may expire without notice. Other restrictions may apply. All applications must be submitted in writing. This advertisement is not a loan disclosure and all disclosures provided after applying should be reviewed carefully. This is not a commitment to provide a loan approval or a specific interest rate. 12.12.2016.
Author:Anthony Atwell Phone: 505-670-2177 Dated: May 24th 2017 Views: 201 About Anthony: Santa Fe Real Estate, fine homes and land, is my specialty. I have been a Santa Fe Realtor for 28 ye...
DeAnne brings to eXp Realty a wealth of skill, experience and professionalism. Her education in Marketing and Management are complimentary to her real estate career. She has worked with buyers and sellers of various property types and is a very capable negotiator in any setting. She began her real estate career in Santa Fe and practiced in the Bay Area, specializing in Silicon Valley and most recently in Gold Coast, Australia before returning to Santa Fe. She is an active member of numerous community activities including Chamber of Commerce , Santa Fe Beautiful, National Association of Realtors and Women's Council of Realtors. While in Australia she became a Feng Shui Practitioner. Her pledge to her clients is to communicate in a timely manner at each step of the transaction to minimize concern and inconvenience; to direct all her efforts to accomplish your real estate objectives, whether buying or selling a home; to be consistent in promise and follow-through with action - in short, she treats her clients as she wishes to be treated - with honesty and integrity and the highest level of service. She would like the opportunity to build a relationship of trust with you and to help you with your real estate endeavors in Santa Fe.