Offered by Jan Giuliano
With residential mortgage interest rates still low, now is a great time to start realizing the benefits of homeownership.
- Tax Savings: Mortgage loan interest is deducted from your state and federal income taxes-tax breaks not available to renters. (Consult a tax professional about tax savings benefits of homeownership).
- Stability: Fixed mortgage payments (principle and interest) will not change during the loan term whereas rent payments may increase annually.
- Build Equity: Owning a home long term allows equity to build and thus your home investment to grow. Equity can be used to secure a loan or obtain a line-of-credit for home improvements, cash for emergencies, or big-ticket items.
- Appreciation: Houses may increase in value or appreciation over time, which is as good as money in the bank. Typically, house values appreciate at the rate of inflation, plus 1 or 2 percentage points.
- A Place to Call Your Own: Owning a home allows you the freedom to adapt your living space to your tastes and lifestyle and gives you a feeling of permanence in your community.
Contact me or the rest of the team in June – or any month – to start realizing the benefits of homeownership. Call 303-450-1650.
Click here to view The Giuliano Team at Academy Mortgage Corporation on The Brighton Buzz Business Directory
