Why Buy A Home?

FIVE EXCELLENT REASONS TO CONSIDER BECOMING A HOMEOWNER!!

1. Owning a home can be a solid, long-term investment.
    In addition to the possibility of appreciation, you may be able to use your equity to leverage     investment properties or to get cash and purchase other items of value.  Additionally, other investment products such as stocks and bonds don't offer much in the way of shelter while you are using them.  Owning a home could turn out to be a solid investment for you and your family.  Owning a rental or two could bring in a positive passive income. 

2. Owning a home is about more than just money.
When you purchase a home, you are buying more than simply a place to live.  While money is important, consider the other long-term benefits.  How can your home fit in with your future goals, such as retirement?  Discuss your ultimate plans with your financial planner to learn how your mortgage can help move you toward your goals. How could the purchase of this home benefit your family in the long run?  What layout will be beneficial  and functional for your family today and tomorrow?

3. Youth and home ownership are not mutually exclusive.
According to research conducted by the NAR (National Association of Realtors), statistics show the median age of first time home buyers is 28.  The survey also found that 85 percent of home buyers under the age of 32 considered their home purchase a good investment.   Speak with a licensed realtor to get the information you need to purchase the right investment. www.krissawillett.johnlscott.com

4. Rising occupancy prices directly affect renters. 
As leases are renewed, owners of rental properties will pass on the rising tax, insurance, utility and maintenance costs to their tenants.  Rental units are just as susceptible to rising occupancy prices as houses. Plus every month you are throwing away money towards rent on something that you will never own.  Start paying your own mortgage and stop throwing money down the drain while paying someone else's property off.

5. Homeowners receive tax breaks.
Your property taxes and mortgage interest for your principal residence may be tax deductible. Consult with your tax professional to help estimate your savings.


If you live in the Seattle area or plan on moving there please contact me today for a free buyer consultation (425)591-1254.