Time to Make the Leap? Rent or Own… You Decide

Owning a home has several advantages over renting. The financial benefits can help you achieve your long-term goals and can only be experienced by making the leap to home ownership.

Renting

• Tax Advantages: n/a
• Investment: n/a
• Inflation Protection: n/a
• Security: n/a

Owning

• Tax Advantages: Tax deductions can lower your monthly payment by up to 20% or more.
• Investment: A 4.0% annual rate of gain can double the value of a home in 17 years while you pay down what you owe.
• Inflation Protection: While your entire rent is subject to inflation, less than 25% of a fixed-rate mortgage payment can increase.
• Security: No landlord to tell you when to move.

Or, just take a look at the numbers:

How inflation, tax and principal reduction effect rent and mortgage payments. Tax savings and principal reduction subtracted from monthly mortgage cost.

Call me for a Free Homeownership Analysis for you or someone you know.