Why should I buy instead of Rent?
Owning has many advantages
If you are buying a home, your are building equitty in that home
and you are developing good credit.
You can deduct all the interest and taxes you pay on your home
each year while you cannot deduct any rent payments. The
money that you save on the taxes can make it possible for
you to purchase more house.
Your home is your investment in your future.
Why pay someone else's mortgage when you could be paying
your own?
The home you buy will more than likely appreciate in value
giving you a good return on your investment.
When you are ready to move "up", you will appreciate the
equitty which you would have built up in your home.
There are many programs for 1st time home buyers and in most
cases you can own cheaper than you rent.
|