Advantages of Homeownership by Property Guys

There are over 50,000 homes for sale in Dallas-Fort Worth.

When you are ready to work with an agent, contact Property Guys and let us put our energy, knowledge and professionalism to work for you.

A home is most likely the biggest purchase you’ll ever make, and it marks a major step in life. There’s no scientific formula that tells someone when they’re ready to buy, but you should take stock of your financial situation as well as your personal lifestyle. In general, there are a number of advantages to homeownership, both tangible and intangible, that you’ll want to consider.

Investment

Every payment you make on your mortgage puts you one step closer to acquiring a major possession. And every improvement you make to your property not only enhances your way of life, but also adds value to your home.

Protection from Inflation

Once you purchase a home, the bulk of your housing costs are not exposed to inflation. That means your only housing expenses that will rise over time with inflation are property taxes, homeowners insurance and maintenance costs.

Equity

Because a home increases in value even as you are paying down your loan, most buyers effortlessly build equity. Equity creates wealth and can help you accomplish any number of financial goals, such as paying for retirement and funding a child’s education.

Tax Advantages

Your real estate taxes and the interest on your mortgage are deductible from your income tax. For many buyers, that tax break can go a long way toward making home ownership just as affordable as renting.

Satisfaction

For many people, but certainly not all, home ownership simply makes life more enjoyable, whether it’s the pride that comes from decorating and maintaining your home or the knowledge that your children will grow up in the neighborhood of your choice. Home ownership is still the American Dream.

Don McGrath, Texas Realtor

Address: 1803 Lorraine Ave., Suite Realtor, Allen TX 75002

Email: Don@PropertyGuys.US

Phone: (972) 897-1017

Fax: (972) 332-2345

Real Estate Licensed in the State of Texas

Texas Realtor Licence # 0602731

Texas Broker License (Mersal Realty) # 0345678