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Why Buy
Why Buy in Our Community
If you are asking yourself, “why buy,” consider these perks...
Pride in Owning
Let’s meet up and talk about what your home goals are, what you need and what you want. We’ll go over all the necessary information to start your journey!
Dislike Paying Rent
Almost equal portions of owners and renters – close to 7 in 10 – said a dislike of paying rent was an important reason to buy. Renting offers a lifestyle that’s nearly maintenance free. While that may appeal to you, consider that renting offers you no equity, no tax benefit, and no protection against regular rent increases. Writing a rent check is just like watching your hard-earned money sail away!
Settling Down
More than 6 in 10 renters said “settling down” was an important reason to buy.
Good Investment
76% of owners and 69% of renters said the investment aspect of ownership was important.
Tax Advantages
Property taxes and qualified home interests are deductible on Schedule A; itemized deductions on your tax returns are a huge benefit that will save you money.
Long-term Appreciation
People consider home ownership a good investment because they view it as a long-term venture. Historically, home prices have risen at relatively steady rates.
Source of Savings
Home ownership always has and continues to comprise the single largest source of savings for American households. Homeowners build equity and can borrow against it.
Sacrifices are Worth It
Almost 7 in 10 renters in the National Association of Realtors home ownership survey said they planned to buy a home in the future. More than three-quarters of these people said they were willing to sacrifice to do that.
