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Why Buy A Home?
Today,
Toledo area home buyers have more choices than ever
before. From financing options that are flexible
and affordable, home styles that fit a variety of
lifestyles, to real estate services that make the home
buying process fast and efficient.
If you are still not sure if homeownership is right
for your situation, The Rush Team can help guide you
through the decision-making process. Here are
some important facts about homeownership that may
help you in answering the question: "Why Buy a
Home?"
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Homeownership can be a good investment
opportunity. A house offers leverage and the
possibility for appreciation in value. Keep in
mind, you can use this investment while it's
working for you!
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Homeownership provides tax advantages. Since
mortgage interest and property taxes are tax
deductible, homeownership can save you money each
year.
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Home rental does not protect you from rising
prices. Rental units are just as susceptible
as homes to increases in taxes, insurance,
utilities and other costs. Landlords have always
passed along these increases to the tenants.
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Youth is not a barrier to homeownership. The
National Association of Realtors estimates the
average age of first-time buyers at 32 years old.
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The waiting game is a losing game. Don't put
off buying a home by waiting for prices to come
down. From 1984 to 1994, the median price of
existing homes increased from $89,400 to $145,400.
That's a total increase of 61 percent!
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Ask The Rush Team
Real
Estate Tools
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Why purchase property instead of house rental toledo? Consider management
property purchase to rent?
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