Thursday, September 25, 2008

10 Good Reasons To Buy A Home

10 Good Reasons To Buy A Home


1. Quality of Life
2. Pride of Home Ownership
3. Tax Deductibility of Mortgage Interest
4. Tax Deductibility of Property Taxes
5. Appreciation Potential
6. Deferred Gain and Capital Gain Treatment
7. Once in a Lifetime Exclusion
8.Principal Accumulation
9.Leverage: Where else can you buy an investment of this size with 5-10 percent down?
10.The Real Cost of Renting: At $700 per month, with a 6 percent rental increase per year, you will pay $110,719 over a 10-year period and have no ownership of the property.

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