10 Reasons for Home
Ownership…
1.
Estate
building! Why not build your own
instead of your landlords?
2.
Rent
money is spent money. The moment
you buy a home, you start a built-in savings account. The obligation to meet mortgage payments
encourages a savings habit.
3.
Get
a free ride with inflation. As
inflation continues, you will be paying off your mortgage with less expensive
dollars.
4.
Tax
advantages - one of the best!! Real
estate taxes, and interest paid on a mortgage are completely tax deductible.
5.
Home
ownership gives the family a sense of security.
6.
Home
ownership offers a better variety of lifestyle choices. Residential housing stock is not as
limited as rental housing stock.
There are less restrictions on the use of your
interior and exterior living areas.
7.
Your
home equity may be used as security for future loans.
8.
Home
ownership is a symbol of achievement.
9.
Home
ownership can improve your credit rating.
10.
Lifetime rent payments could pay for more than four homes!!