Long term benefit of homeownership are rewarding, however there are many challenges with inflation. Home equity gains are accrued through price appreciation and paying off your mortgage early, especially paying more down on principle only. Typically there are no early payoff penalties. Many wonder should I still buy a home this year despite rising interest rates and economic uncertainty? This housing market is cooling off, monthly rentals are increasing all over the nation which drives tenants to purchase homes. I am here to educate to the public and do not be afraid to ask the questions.
To help you understand more about this, I have included to visuals to help you see your way through. Now is the time to create wealth for your future and kids future. Will you rather help your landlord or help yourself to increase wealth? We all been there renting, however it comes a point in time to say enough is enough. Long term benefit of homeownership is labeled as an investment in your future. Everyday there are many people wondering if I can buy a home today with all going on? The strong desire is there based on the rental housing market. Click link to learn more about homeownership /HOMEOWNERSHIP---32819---32836---Dr-Phillips-6-22894.html
Home price appreciation justifies purchasing a home for sale from a new listing and the pride of a huge achievement, which encourages your kids and family members that they can do it too. Home values have still increased through the past years. View the attached photo over five years percentage change in home prices and other since 1991.
This means home values can increase substantially in a short period of time. Depending on the housing season as in 2019-2022 you saw this happen right before your eyes. Click link to learn more about homebuyer opportunities /HOMEBUYER-OPPORTUNITY---32819---32836---Dr-Phillips-6-22987.html
Tax write off is a huge benefit to reap from as a homeowner. You can write off the interest paid for twelve months. Depending on the value of home and monthly payments determines how much interest you pay yearly. You will receive a 1098 from your mortgage each year in January that you turn in to your accountant to process your previous tax year or calculate with you past year tax return. Many times depending on which tax bracket you fall into, you may receive a hefty refund.
Providing you are shopping for the right home, take your time to research on how to hire the right realtor so click this link to learn more /HIRING-YOUR-REALTOR---32819---32836---Dr-Phillips-6-14419.html
So do not let the shifting market take you off guard from the purchase of you dream home. Lender's are coming up with more creative ways for you to achieve your goal. As a trusted advisor and professional realtor, let me guide your footsteps to success and your keys. Serving Dr Phillips and all Central Florida. Before putting homeownership plans on hold, let's connect and I will explain options and give you my best options with selling homes over 18 years. Stay connected and contact me today at 850 496-6412 and let me put my 18 years of experience to work for you.
Click link to get to know me /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html Marry the home and date the rate.