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Where Do I Start? - To Buy or Not To Buy
Benefits of Owning:
Owning a home will give you:
- Significant tax savings over the
life of your mortgage
- Significant wealth-building (the
average home appreciates in value at least 3%-5% per year
and could be a lot more depending on your location) and
the option of using the equity in your home as a financial
resource for major expenses such as college tuition, buying
a second home or major home improvement
- Freedom to customize your home
to your unique tastes and provide yourself and your family
with features that are meaningful to you
- Security, because you are free
to install security features from dead bolt locks to alarm
systems to guard dogs. Homes in neighborhoods where there
is a high level of ownership are less likely to have problems
with personal or property crime
- Long-term friendships can bloom
in neighborhoods where families grow together
- See a significant tax savings and
get a much bigger refund from Uncle Sam because mortgage
interest is 100% deductible
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