Are you tired of making your landlord wealthy? If you are paying rent every month,that is exactly what you are doing!
Enough Already!!
Buying a home today is easier than ever before. Many people who thought that buying a home was simply out of their reach are now enjoying a new lifestyle in their very own home!
That's right, no more rent, and the benefits of home ownership like equity build-up and tax advantages. For most homeowners, buying a home is the smartest financial decision that they ever made.
In fact, most American homeowners would be finanicaly broke at retirement if it wasn't for one saving grace - the equity in their home.
Real estate values have risen steadily over the last 60 years. Of course, sometimes there are peaks and valleys, but in the long term the trend is a consistent increase.
This means that every months when you make a payment, the amount that you owe on the home goes down.PLUS, since values typically increase, it is worth a little bit more every month too! This worth more, owe less situation is calledequity build-up
Equity is simply the difference between how much the home is worth and how much you owe on it. For example, if your home is worth $110,000 and you owe $70,000, the equity is $40,000.
Additionally, all of the interest and property taxes that you pay on your home are fully tax deductible!(Check with an accountant or tax specialist.)
And we haven't even touched on the intense pride you'll feel when you pull into the driveway of your own home. No more answering to a landlord for you!
It is easier than you think!
There are lots of ways to buy a home, and often for the same or less than you are paying rent.
Even if you have little money for a down payment or credit problems, chances are that you can still buy a home! It just comes down to knowing the right strategies, and working with the right people.
Approached properly, buying a home can be a fulfilling experience.
Unfortunately for many people, buying a home ends up being anything but enjoyable. For many, it turns into a terrible, stressful ordeal. In addition, making the wrong decisions can end up costing you thousands of dollars!
It doesn't have to be this way!
The key to avoiding the pitfalls and traps that plague many home buyers comes down to one thing:
KNOWLEDGE!!
Buying a home is a fairly complicated undertaking, but if you're armed with the proper knowledge and have a solid plan, it can be a whole lot easier. It all starts with understanding the home buying process.
Having a step-by-step plan makes the whole process much easier to handle. Here is the basic 9-step home buying plan that has saved thousands of dollars for many people like yourself: