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Post by Jay Iwahashi, GRI on Jun 14, 2005 17:04:56 GMT -5
Credit:
Owning a home helps you establish financial credibility.
Independence:
Owning your own home provides you with independence and more privacy than renting. You are free to paint walls, plant flowers, keep pets and anything else within legal bounds.
Investment:
As you make more payments and own more of your home, you add to its investment value. Most improvements you make will also add to its value.
Pride:
A home reflects its owner's values and lifestyle. Owning a home can provide you with a source of pride, enjoyment and satisfaction.
Security:
A home can provide security against inflation because the value of your home increases as prices go up.
Stability:
Being established in a community provides a sense of belonging, stability and security.
Tax Advantages:
Interest on your mortgage loan is deductible on your yearly personal income tax return. Many of the closing costs associated with purchasing your home are deductible, as are your property taxes.
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Post by brianrey on Jul 28, 2012 5:39:27 GMT -5
There are lots of Benefits of home ownership. Home ownership makes you tention free about home rentals and other extra charges which are paid buy peoples who live on rent. If one want to buy a home then there are lots of property management companies in the market. One of the real estate property management company is troy real estate, which offers a number of properties to buy. Then he can contact with them.
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