Should You Buy Now?
“Tax Advantages”
*Owning a home offers incredible tax advantages in that Property Tax and Interest paid on a home are both Tax-Deductible. Also, any capital gains from the future sale of your home may be completely tax free depending on your individual situation! (Up to $500,000 if you are married, and up to $250,000 if single and have lived in the home for a minimum of 2 years).
“The Better Investment”
Compared to stocks and bonds, buying a home can be viewed as the better and more stable investment, especially when trying to build up equity and plan your “Nest-Egg”. Stocks and bonds can be unpredictable while the national average in home price appreciation has historically risen 5%-6% each year over the long-term!
“Historically Lows Rates”
**Mortgage Interest Rates are very affordable and for the time-being, remain near Historic Lows. Therefore, with rates at their current levels, mortgage payments are also lower.
“The American Dream”
Of course nothing can beat the functional value and the joys of simply owning a home and Living the American Dream! It provides a permanent and secure place to call home where you can decorate and personalize your home without worrying about roommates and landlords. It also provides an opportunity for you and your family to socialize and grow within a community.
“Higher Standards in New-Construction”
Buying a New Home offers the reassuring benefit of Builder Warranties and Higher Standards in today’s New-Construction Homes. Today, more than ever, new homes are built under tougher guidelines and with better materials and technologies. Be sure to ask your builder about it’s certifications and warranty programs.
Material stated above is for informational and comparative use only and does not constitute a recommendation or offer to buy or sell property or equities.
*Individual tax situations may vary. Always consult a CPA, Financial Adviser or Tax Professional to assess your individual & specific situation.
**Rates are subject to change without notice.
