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6 Reasons to Own a Home

6 Reasons to Own a Home

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!

Tax Savings – The government rewards homeowners by providing excellent tax benefits. The interest paid on your mortgage and other home-related expenses can generally be deducted from your income.

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 – People who own rather than rent stay in their homes 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.

Thinking about buying a home in Pittsburgh in 2019? I can help.

By |2019-01-16T20:27:19+00:00January 6th, 2019|Blog Post - Buying|0 Comments

About the Author:

Christa Ross is a REALTOR with RE/MAX Select Realty. Based in the East End office in Pittsburgh’s East Liberty neighborhood, she works in the city of Pittsburgh and the Eastern and Northern Suburbs. As a Certified Residential Specialist (CRS) with 10 years of experience, she is among the top 3% of real estate agents in the country and a RE/MAX Hall of Fame Member. Whether you are all about a trendy condo in the city, a grand old home on the Northside, a recent renovation in Lawrenceville or a sweet suburban address, if you are buying or selling a home, or relocating to the Pittsburgh area, she is the real estate agent you should be working with. Real Estate Experience That Moves You. Get in touch by calling 724-933-6300x214 or direct at 724-779-1437.