HOME OWNERSHIP
One of the great freedoms in our country is the right to buy, sell, and own private property. Often referred to as "The American Dream," a home is usually the largest financial investment of a lifetime.
Here are the four main reasons why people are buying homes in today's market.
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Shelter
Shelter means more than keeping us secure from the natural elements. It also assures us the right to privacy which guarantees our individual freedom. The old saying that equates a home to a castle is quite accurate in that home ownership allows us to live our lives according to the preferences of our own lifestyle. -
Pride of Ownership
The obvious pride that one feels owning a home is one of the great emotional and psychological rewards for attaining some degree of success in our society. This feeling of pride is continually nurtured as home owners upgrade the quality of the homes they own. -
Tax Advantages
Mortgage interest and property taxes are allowed to be deducted from regular income before tax computations on a primary residence. Ownership of a second home provides tax advantages. Consult your accountant for appropriate tax information. -
Profit Potential
Unlike other investments, where you make a return only on the amount of money invested, home ownership allows you the opportunity to obtain a return on both invested and borrowed money. This technique, known as leverage, provides a unique method for every homeowner to enhance his or her net worth.
Sam Heller
Realtor®
27720 Dickason Drive
Valencia, CA 91355
Direct: 661.259.9385
DRE License #00891062