Owning a home is a big step. It should be looked
at like an investment because it really is. It can bring you
many financial advantages like tax savings and appreciation
value. Over the long haul it will usually provide a good return.
It is nice for a homeowner to have a place to call home and
to be able to make changes to the home when and where they
want apply them.
Landlords are taking the rents received to pay for their own
properties and also to make a profit. This is also an investment
for them that a renter is helping them pay for. If a renter
is paying $1500.00 a month, in one year they would be losing
$18000.00.If that amount of rent was paid Over a period of
five years, that would add up to a whopping $90,000.00 that
could have been used to build equity for a homeowner.
A homeowner also has advantages with the IRS when they live
in their property for more than two years as a primary residence.
When the homeowner decides to sell, they would in most cases
be entitled to a sale exempt from capitol gains.The Mediterranean like climate in the Bay Area is ranked as
number two in the world for being the most temperate. Many
different species of plants, trees, and flowers will grow
here well and the advantages of having a yard are great for
many.
Feel free to look at homes on this website, use the property
organizer to keep track of your favorites, and please contact
me if you have any questions or I can help you in any way.
