RE/MAX Four Seasons For Buyers: Benefits of Owning
RE/MAX Four Seasons For Buyers: Benefits of Owning
Home Ownership Pays.
No questions about it, home ownership is a big investment, maybe the largest you'll ever make. But over time, it's an investment that pays for itself many times over. Here's how:
Tax Advantages
- Mortgage interest is tax deductible.
- Real estate taxes are tax deductible.
- Local tax benefits are available in many areas.
- You can enjoy tax-free profits of up to $500,000 from the sale of a primary residence that you have occupied for two of the last five years, if you are married and filing jointly. If you are single or filing separately, you can enjoy profits of up to $250,000.
Investment Benefits
- You build equity over time, which you can take in cash when you sell your home.
- The profits from home investments are often greater than from many other investments.
- Because you can borrow against it in most states, home equity can be a source of emergency funding.
- Land appreciation adds to the value of your home.
- For many, home owning is an important part of retirement planning.
Personal Satisfaction
- You gain more living space.
- You enjoy the satisfaction and pride of ownership.
- Home ownership is, for many people, a sign of independence and achievement.
If you're ready to own, contact RE/MAX Four Seasons. They can introduce you to purchasing and financing options you may not have considered... options that can put the home of your dreams within your grasp.
Printed from: www.remax-4seasons-wl-mi.com/buyers/
