1.Savings--Long-term homeownership will save you money that you would have otherwise lost to a landlord.
2.Tax breaks--Most homeowners are able to take a mortgage interest deduction on their taxes.
3.Equity--When you pay on your mortgage, you are paying towards owning your home. If you make improvements, you benefit from those improvements.
4.Budgeting--A fixed-rate mortgage means your monthly payment is the same amount for the life of the loan. The only increase is the taxes or insurance.
5.Security—You own the home. As long as you are paying your mortgage, you can’t be asked to leave. It is your home.
Call me for all of your real estate needs--Lisa Baumberger 208-5560
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