Why do you want to buy a home?

May 26, 2015

Why do you want to buy a home? I have asked many people this question and here are some of the responses:

  • The equity
  • The tax benefits
  • The ability to make it their own
  • It’s cheaper than renting

I will have to say the the most common answer is to have the ability to paint the walls as you wish, landscape your yard to your style. The freedom to express your personality and I get that! But the primary reason for homeownership should be about making your money work for you! There are several financial reasons for buying a home but I want to talk about interest rates. When your favorite store is having a sale are you not super excited to go shop till you drop? Yes!!!  You always feel better when you buy things that are on sale and that’s the same as buying a home; when the interest rates are low like they are right now.  Just think of banks as your favorite department store and right now the sale is on!! Currently your banks are having a sale on the interest rates for mortgage loans AND that alone is a HUGE savings for you and your families finance!

Want to learn some real tips and tactics for strategic homeownership? Register today at: https://roccityrealty.com/buying/buyers-seminar/ to attend our homebuyer readiness workshop! Let’s make your money grow so we can have a little more shoe shopping funds ;)

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