Homeownership has many advantages - both financial and personal. But buying a home is an important decision. Look at the benefits and the differences between homeownership and renting to better understand if owning a home is right for you. Some of the benefits:
- Tax savings - You may earn significant tax savings because you can deduct mortgage interest and property taxes from your federal income tax and many states' income tax if you itemize your deductions.
- A stable monthly housing expense - Your monthly housing loan or mortgage expense can remain the same for the life of your mortgage, depending on the type of loan you choose.
- Equity - You may build equity in your home over the life of your loan, which allows you to plan for future goals like your child's education or your retirement.
- Personal Satisfaction - Your home can be a great source of pride and satisfaction, knowing that you have a solid foundation on which to build your future.
There are too many advantages to owning your own home to list here, but we hope that these few are helpful. Thanks again for your interest. Please feel free to contact us anytime.
Ask about our programs:
Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!
Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.
Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market. Lic #00573423
(714) 241-4532
1525 Mesa Verde Drive East
Costa Mesa, CA 92626-5221
