The Benefits of Home Ownership
Tax Savings
The government rewards homeowners by providing excellent tax benefits. The interest paid on your mortgage and some home-related expenses may be deducted from your income. *Please consult a tax professional for details.
Appreciation
Home values have a well-documented history of going up over time. This increase becomes equity you can benefit from when you refinance or sell.
Equity
Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes toward the principal balance on your loan. This builds your equity and acts as a savings account.
Roots in your Community
People who own rather than rent stay in their home 4 times longer. This provides an opportunity to get to know your neighbors and connect with your local community.
Education
Research shows children of homeowners earn higher test scores and graduate at a higher percentage than those of renters.
Happiness
The feeling of owning your own home is unmatched. You can fix it up, make it your own, get a dog, or plant a tree if you want. Doesn’t that sound exciting?
The first step is to get your pre-approval started to see how much home you can afford.
In the ever changing world of mortgages, Jim has helped thousands of clients with buying, selling or refinancing their home. The first step is getting pre-approved, and Jim will provide you with the confidence and security you want to complete your home purchase. Call Jim to get started today.
2200 Sunrise Blvd, Suite 168, Gold River, CA 95670
CAL BRE: #01215943 / #001192990
NMLS #228920 / #1850
