Renting? 4 Reasons Why You Should Buy a Home
We’ve written a lot about the home buying process over the years, but why should you even consider buying a home? Many people today prefer renting or think that owning a home is out of their reach, but that doesn’t have to be the case. It can be a big commitment when you buy a home, but it comes with so many benefits. We’ve highlighted four reasons why you should buy a home. 1. Tax Benefits There are many tax benefits that come with home ownership. These breaks help offset some of your costs: The interest and mortgage insurance you pay on your mortgage is tax deductible. If you bought mortgage points, they’re tax deductible in the year that you bought them. Property taxes that are apart of your monthly payment are deductible. The money you make on the sale… Read More