Buying a home has long been considered a cornerstone of the American dream. Whether it's your first, or one of many, getting a home loan to purchase a home is one of the most significant financial decisions you’ll make in your life. Many people decide to buy because of the benefits associated with home ownership.
- Asset Appreciation: Homes typically increase in value, which builds equity that can create long-term wealth.
- Tax Deductions: Some housing-related expenses are tax deductible. It’s important to discuss any potential deductions with a licensed a tax professional.
- Invest for the Future: You can make your money work for you by investing in real estate that can potentially be sold for a financial gain.
- Security: Buying a home may provide for greater stability than renting. Housing expenses are usually predictable when you have a fixed interest rate home loan; whereas living in rental property can be unstable due to unexpected increases. Furthermore, renting does not provide the ability for real estate appreciation.
- Pride in Home Ownership: Owning a home allows a buyer to settle into a community and establish long-term ties in a designated area.
- Greater Privacy: Home ownership gives an increased sense of control over the space where you reside.
If you want to make that first step toward home ownership, there are several ways to obtain a home loan. It may take time to understand the different home loans and which one is right for your financial situation; that’s why it’s important to work with a licensed loan professional who can walk you through your various options.
- Tax Deductions: Some housing-related expenses are tax deductible. It’s important to discuss any potential deductions with a licensed a tax professional.
- Invest for the Future: You can make your money work for you by investing in real estate that can potentially be sold for a financial gain.
- Security: Buying a home may provide for greater stability than renting. Housing expenses are usually predictable when you have a fixed interest rate home loan; whereas living in rental property can be unstable due to unexpected increases. Furthermore, renting does not provide the ability for real estate appreciation.
- Pride in Home Ownership: Owning a home allows a buyer to settle into a community and establish long-term ties in a designated area.
- Greater Privacy: Home ownership gives an increased sense of control over the space where you reside.
If you want to make that first step toward home ownership, there are several ways to obtain a home loan. It may take time to understand the different home loans and which one is right for your financial situation; that’s why it’s important to work with a licensed loan professional who can walk you through your various options.
I'm here if your ready! Let's get started on your Pre-Qualification - the initial phone call takes 15 minutes or less.
Lisa Baniahmad
Broker
Call Direct: 818-359-4145
Email: Lisa@trustlendingsolutions.com
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