buyers thinking of home features

4 Reasons to Become a Homeowner

On the fence about buying a home? Other than the obvious idea that you finally own your space, there are many reasons to make the move to homeownership. Below are the top four.

1. Owning a Home is a Great Investment

Owning a home is a fantastic long-term investment. Home values are constantly rising and dropping, but watching the market carefully means you may be able to sell your home for a substantial gain down the road.

a person holding American currency2. Owning a Home is Great for Your Credit

Obtaining a mortgage and paying it on time does wonders for your credit score. Owning a home builds equity, which can be used to help put children through college, purchase a second home, or make home improvements.

3. Owning a Home Can Pay Off at Tax Time

There are many tax benefits associated with homeownership. The mortgage interest paid on a home loan is tax deductible, as is the local property tax.

4. Owning a Home Means You’re in Control

You own your home, which gives you, instead of a landlord, control of your living space. You can make improvements and changes, add that deck, knock down walls, paint or even put in a pool. The sky is the limit in terms of what you can do with your space once you’re in total control.

someone holding keys to their new homeStart Your Exciting Journey to Homeownership

As a Member of the Top 5 in Real Estate Network®, I have a wealth of real estate and homeownership information that may be of help to you. Feel free to contact me any time to learn more about this important information and finding a home in Bethesda, and be sure to forward this article on to any friends or family that may be interested as well.