Many people feel that they can’t buy a home. The reasons they state are numerous, but affordability is at the top of the list. However, the ability to afford a home has never been easier! Mortgage rates are more flexible today than ever, home prices are low, and sellers are very motivated. On top of that, the tax laws favor home ownership like no other tax shelter.
Many people currently renting compare their rent payment with a projected home mortgage payment and feel that they can’t afford the monthly payment... without realizing that the projected tax savings may significantly reduce the effective mortgage payment. And sometimes a mortgage payment is even less than a rent payment.

Here are just some of the advantages of owning vs. renting

Appreciation & Equity
You build equity in your home as you pay your mortgage each month.  As the real estate value of your home rises you also gain appreciation and the value of your home may increase over time. History is on the side of home ownership here.  With rent, your payment is paid each month and you never see it again.  Your landlord gets all the benefits.

Tax Benefits
All of your interest you pay on a mortgage is tax deductible.  Some of the closings costs you pay at closing are also deductible.  Tax-free profits is another major advantage of home ownership. In most cases, you don't have to pay taxes on any profit you make when you sell your home. The law allows you to exclude from taxes up to $250,000 in profit from the sale of your principal home -- $500,000 for a couple who file jointly.

Mortgage Reduction
Since a portion of your payment pays down the amount of the mortgage, eventually you will be mortgage free. Rent never goes away!

Improvements
You can decorate and improve your home to suit your taste and increase its value and enjoy owning your own home at the same time.

Stability vs Instability
As a home owner, you have complete control over when you move versus moving when you may not want to. You will also enjoy peace of mind living in your own home.

Retirement Fund and Savings Plan
A mortgage-free home is the best retirement fund. You get to live in and enjoy your investment.

Monthly Cost - Rent vs Buying
In some cases, the cost of owning your own home may be cheaper than renting. Ask a real estate agents  for a payment calculator that helps you compare renting vs owning.

Down Payment - Today it is easier than ever to own a home. 
First time home buyers are entitled to minimum down payment programs. There are also many loan programs that allow you to buy a home for very little or even no money down.  You don’t always need to have perfect credit either.
 
 
 

Choosing a Realtor is your next step towards home ownership.
 

Choose your agent wisely. Working with a full-time professional real estate agent is a must.  Choose your agent by asking questions of him or her.  Find out how knowledgeable they are about houses currently for sale in your price range and also of houses that have recently sold.  Does your agent work with a good lender that has the reputation of excellent service and low rates to assist you in obtaining financing?  Does your agent ask questions of you in order to have a full understanding of what you are looking for and to help you to find the best property for you?

For all your real estate needs call the professional with proven performance whose time-tested success means great results for you.
For prompt, courteous & professional service, call:  Laurie King   303-777-7435

Re/Max Southeast, Inc.
8821 E. Hampden Ave. Ste. 110
Denver, CO  80231
 
Have questions, need advice you can count on or just want to discuss this further?
Don’t waste any more time; pick up the phone and call me now!  I’m here to help!

I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.

Since 1996 I have been serving the home buying and selling needs of families in the Denver Metro
area with a level of personal attention and one-to-one service they'll find nowhere else. My
expertise and in-depth knowledge about the business, along with my well deserved reputation for
creative marketing techniques has earned me the respect of clients and other industry
professionals alike.  I have received many awards for my sales excellence.
But people, not awards and honors, are what motivate me. My philosophy... I approach each
transaction with one thing in mind: What's best for my client in the long term? It's more than just
getting a house sold or buying a new one: it's really listening to people's needs, understanding their
goals, following up on details and being there over time to ensure their success.
 
Visit my web site at:
 www.DenverHomesForSale.com
 

Go Back Home to:
DenverHomesForSale.com