Using 5 emojis, share what excites you most about buying a home?
Buying a Home Has Amazing Benefits
Buying a home has fantastic benefits that make it not just worthwhile—but downright exciting. Here are six reasons:
- You're About to Save Money
It might seem like you're spending more initially, but with rent prices on the rise (and constantly fluctuating), mortgage payments are often the more affordable option.
- Your Investment will Appreciate.
Unlike other large ticket items, a house appreciates --often even without any updates! That goes for condos too, which are currently holding on to their value more steadily than their single-family counterparts.
- Customize to Your Heart's Content
As a homeowner, you have the freedom to upgrade and renovate.
- The Power of Equity
The percentage of your home you own outright is essentially "money in the bank."
- Tax Benefits!
The interest paid on a mortgage is a write-off. It's just one of the ways that the federal government encourages homeownership.
- Unique First-Time Homebuyer Loan Programs
First-time homebuyers can benefit from all sorts of loan perks, like lower interest rates and low down payments!