Buy or Rent? |
With every rent check you write, you are helping to build
equity in your landlord's property. That money could be going
toward building equity in a home of your own. Today's rates
are low enough that your house payment could be lower than
your rent payment! |
| There are many advantages to owning
a home, including: |
| |
| Security - A feeling
of security that comes from owning a home and the knowledge
that your home is a safeguard against inflation. |
| |
| Investment - Payments
on your mortgage loan mean you are acquiring a major possession;
instead of rent, you own more and more. The garden you plant,
the permanent improvements you make - all enhance your way of
living as well as the value of your home. |
| |
| Tax Advantage - Your
real estate taxes and the interest on your mortgage are deductible
from your income tax. |
| |
| Financial Independence
- Most people start on the road to financial independence through
home ownership. Your principal and interest payments remain
the same for the full term of your mortgage while your rent
usually goes up as the cost of living increases. |
| |
| Environment - Your children
grow up in the neighborhood of your choice. |
| |
| Cash Equity - Better
than a savings account, your home can appreciate to keep pace
with inflation. |
| |
| Satisfaction - Home ownership
offers special advantages that make life more enjoyable - backyard
barbecues, large family gatherings during holidays, a home workshop,
a chance to enjoy your family's companionship in the privacy
of your own home. |
| |
| How much home can you afford? |
| |
| Our handy financial tools can offer you
valuable assistance in determining how much home you can afford
and how much you can borrow. |
| |
| First Time Home Buyer? Go to Dawson Ford
Garbee's 8 Steps to Buying a Home. |
