The third Thursday of every month at Obsidian Realty - complimentary
drinks and lite fare. More info...
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Despite what you may have heard, it is still wiser to buy a home than to continue renting.
Advantages:
- Tax Benefits - Mortgage interest and real estate taxes are deductible expenses on your income tax filing. Consult a tax adviser to determine specific tax advantages available to you.
- Builds Equity - Unlike rent, which is an expense, mortgage payments increase equity and value in your home.
- Financial Credibility - money can be borrowed against the growing equity of your home in the form of a home equity loan. When sold, the rising value of your home enables an upgrade into an even nicer home.
- Stable Cost of Living - rents can increase every year. Mortgage payments are consistent.
- Independence - It will be your home; your privacy will no loner be invaded by landlords' random inspections. There are no limitations on pet ownership, or home renovations.
- Stability- no longer living from lease to lease, home ownership allows you to establish ties in the community and...
- Pride - Coming home to the house that you own is a proud moment. Homeownership is a great accomplishment.
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