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Deciding to Buy

Purchasing a property is most likely the biggest financial decision you will ever make. Whether this is your first purchase or you are an experienced buyer, this decision must be made carefully with the help of an experienced professional REALTOR®.

Wanting To Buy

Having a clear sense of your reasons for buying will help you choose the right property. Are you tired of paying rent? Have you decided to pay your own mortgage and not your landlord’s? Have you outgrown your current home? Are you looking for an investment portfolio? Are you looking for a rental property? Would you like a larger yard? Would you rather live in a different area? Do you want to shorten your commute? 

Financial Investment

Property ownership is an excellent investment; whether you are looking for your dream home, a rental property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.

Why owning real estate is so important …

Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home. Building equity in your home is a ready-made savings plan.

Predictability is important. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer while your equity is increasing. However, keep in mind that property taxes and insurance costs may increase. Remember, the home is yours! You can decorate any way you want and benefit from your investment for as long as you own the home bringing you the stability a rental property does not. Remaining in one neighborhood for several years gives you a chance to build and establish a sense of security, lasting friendships within the community, and offers your family the benefit of educational continuity. Owning Real Estate is beyond your portfolio – its home!