Build Equity

Building equity is one of the top sources of financial security and has many advantages as it can be used to buy additional properties, make future investments, or be utilized to secure additional loans.

 

Safe Investment

Buying a home is one of the safest investments one can make, especially in the Texas market which is one of the best in the nation.

 

Appreciation

While prices consistently move up and down in cycles, housing prices steadily increase over long periods of time.

 

Mortgage Interest and Property Tax Deduction

Owning a home will allow an owner to deduct mortgage interest and property taxes on their annual income tax filings.

 

Capital Gain Exclusion

A single person can exclude up to $250,000 and a married couple can exlude up to $500,000 in profit from capital gains on the sale of their house.

Financial Credibility

Owning a home will show lenders you have an established lending portfolio which can help obtain future loans at better interest rates.

 

 

Fixed Monthly Payments

If you obtain a fixed mortgage, you can be assure of having the same payment throughout the life of your home loan. You will also eliminate the possibility of rent payments appreciating.

 

Pride

LYou will finally have a place of your own. Purchasing a home can give you and your family a sense of security and will also establish yourself within a community.

 

Freedom

You will have the freedom to remodel and decorate the home exactly as you wish.