HOME OWNERSHIP: AN AMERICAN DREAM
“Can I afford to buy?” A better question is “Can I afford to continue renting?” Rent payments increase over time and hopefully your salary will too, but the wonderful thing about owning a home is that you can freeze your house payments by purchasing, or refinancing, into a fixed loan. Not only does this allow you to keep your extra funds from salary increases and tax returns, but you are also paying down the balance owed on your home. Eventually you end up with no payments at all except for property taxes and home owner’s insurance. Nice huh?
Interest rates and tax advantages have continued to support the home ownership decision to buy and make your dreams a reality. Ask anyone who has bought a home about their tax savings from their home interest deduction. It’s a beautiful thing! Interest and home owner’s insurance are deductible on our taxes and that can leave you with thousands extra every year. Ask your accountant to assist you with this advice. Find out what buying a home will save you.
There is more! Your home will go up in value over the life of the loan. If you buy a $500,000 home and pay it off, over the next 30 years, your home will certainly be valued much higher at payoff but you’ll have zero mortgage payments. That’s called security! No rent increases, just upgrades and maintenance and spending your left-over cash living life to the fullest!
As a licensed Broker in California, practicing since 1990, I am well qualified to assess how much home you can afford and help you with the selection process of finding that “forever” home. I say “forever” because you can save even more money buying a home that lasts for decades. It doesn’t always work out that way, as our families grow and we move to others cities, but it’s a good goal to keep in mind. Selling a home costs agent fees but an agent helping with your buying decision doesn’t usually cost you. The sellers provide the fees which are split between agents. This leaves no hassle for you and your buying funds can be used entirely toward down payment and closing costs.
If you really want to buy, and you feel that your situation won’t allow it, don’t give up! There are goals to be set and reached. Agents and Loan Officers work together in finding the best program for you. Whether your program takes 30 days or 3 years, just get with a program. There are many options available. If you are discouraged by an agent or lender who won’t give you some time, call another! Don’t give up!
Buying a home is usually the biggest financial investment you’ll ever make. I encourage you to get on a program by calling me or another trained, successful Realtor as soon as possible. You deserve to be part of the American Dream!
RENT: PAID OVER 30 YEARS:
1200 $432,000
1500 $576,000
1800 $648,000
2400 $864,000
Question: So…Whose mortgage do you end up paying off after 30 years of renting? Who benefited from the interest deduction on their taxes?
Call Me! Karen Ziegler, Broker
619-806-4446
Interest rates and tax advantages have continued to support the home ownership decision to buy and make your dreams a reality. Ask anyone who has bought a home about their tax savings from their home interest deduction. It’s a beautiful thing! Interest and home owner’s insurance are deductible on our taxes and that can leave you with thousands extra every year. Ask your accountant to assist you with this advice. Find out what buying a home will save you.
There is more! Your home will go up in value over the life of the loan. If you buy a $500,000 home and pay it off, over the next 30 years, your home will certainly be valued much higher at payoff but you’ll have zero mortgage payments. That’s called security! No rent increases, just upgrades and maintenance and spending your left-over cash living life to the fullest!
As a licensed Broker in California, practicing since 1990, I am well qualified to assess how much home you can afford and help you with the selection process of finding that “forever” home. I say “forever” because you can save even more money buying a home that lasts for decades. It doesn’t always work out that way, as our families grow and we move to others cities, but it’s a good goal to keep in mind. Selling a home costs agent fees but an agent helping with your buying decision doesn’t usually cost you. The sellers provide the fees which are split between agents. This leaves no hassle for you and your buying funds can be used entirely toward down payment and closing costs.
If you really want to buy, and you feel that your situation won’t allow it, don’t give up! There are goals to be set and reached. Agents and Loan Officers work together in finding the best program for you. Whether your program takes 30 days or 3 years, just get with a program. There are many options available. If you are discouraged by an agent or lender who won’t give you some time, call another! Don’t give up!
Buying a home is usually the biggest financial investment you’ll ever make. I encourage you to get on a program by calling me or another trained, successful Realtor as soon as possible. You deserve to be part of the American Dream!
RENT: PAID OVER 30 YEARS:
1200 $432,000
1500 $576,000
1800 $648,000
2400 $864,000
Question: So…Whose mortgage do you end up paying off after 30 years of renting? Who benefited from the interest deduction on their taxes?
Call Me! Karen Ziegler, Broker
619-806-4446
