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Reasons To Buy
Owning your home is the American Dream, and by being a homeowner, you don’t just invest in your home but also provide a stable environment to raise your family. LowRates.com can help you get started, and we have a complete line of financing options so you may find a mortgage that best suits you.
Why you should consider homeownership?
- The earlier you start homeownership, the earlier you can start building equity. You will be making monthly payments regardless of owning or renting a home, so why give your money to someone else when you can invest the same into your own home and future? Start building your home equity today by owning a home!
- When market conditions are right, you have the choice to sell your property and move up to a bigger place.
- Owning a home is the smart choice, because you receive tax benefits and build your credit at the same time.
- You may consider buying a home as an investment property to rent out for additional income.
- While not many people think about it, your home allows you to define your life with more freedom. It’s your own place, design it to suit your own personality, renovate it for future needs, add an entertainment room or a guest room for your friends and relatives, build that beautiful garden for your family, and make some new family additions, such as a pet or two. You may not be able to do most of these with a rented home, can you?
- Buying a home early gives you the opportunity to retire early. Have you ever asked yourself, what if you keep renting? All of those rental payments you have made could be put towards your own place. What if you buy your home much later in life? You would be working longer before you can pay off your mortgage.