There are many benefits to owning your own home, and they all will differ in priority for everyone based on each one’s goals and personality. Here are just a few of the benefits of home ownership that you may or may not be aware of that come with owning a home of your own.
Putting Down Roots. Getting to settle down and know your neighbors allows you to connect and be a part of your community. The more people stay involved in their local areas and communities the more it brings about a sense of camaraderie and friendship for those within the community. As they say, “Home is where the heart is.”
Savings On Taxes. Mortgage interest can usually be deducted on your taxes along with some other home related expenses. Speaking with your local tax professional can possibly bring more tax saving opportunities to light.
Building Equity. Equity is the difference between the value of the home, and the amount owed on the home. So, in most cases, the more a mortgage is paid down, the more the equity builds in a home. This allows the homeowner to have something similar to a savings account just not as liquid, and allows them to have even more benefits when they sell or refinance the home.
Appreciation. Increasing value in a home is increasing appreciation in the home, and there is a documented history of rising home values. Since equity is the difference between the value of the home, and the amount owed on the home - as stated above in “Building Equity” section – when appreciation occurs, the span between the value and the amount owed grows even wider.
Educational Benefits. Since research shows that renters move 4 times more often than homeowners, children will have less disruption in their normal routines and schedules due to a more stable environment of staying in one home for a longer period of time. Thus, would bring about higher grades and test scores due to the extra stability and lower stress.
Last, but certainly not least…
Happiness and Contentment. Homeowners can make the house their home in their own personal way without worry of breaking the restrictions of a lease. They can own a pet (or two), plant shrubs or trees and watch them grow, change the color scheme as often (or as little) as they like and … what is it that you would like to do with your own home?
If you believe you are ready to experience some of these benefits of homeownership and don’t know where to start, please call me today. It would be my pleasure to help find you the home that fits the benefits that mean the most to you!
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality. Texas Real Estate Commission Consumer Protection Notice
The Home Buying ProcessMeet with a Real Estate Agent. In most re
"Working with eXp Realty was a pleasure. When we started, we had no idea what we wanted, but our buyer agent helps us figure out the pros and cons of all our options. Our agent went the extra mile willing to put in the extra effort to answer our questions, to make sure we were happy with our decisions, and educated about the market and local area."
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.
Register / Login
New & returning visitors please enter your information to login.
Questions? Comments? Complaints?
This message will go directly to the head of our team.
Location & Address
eXp Tyler TX
Welcome, here’s a quick look at some of the FUN things you can do here. Click next to continue.
You can perform map searches, complete with “HEAT MAPS” that quickly show you interesting things.
You can search Foreclosures, Short Sales, and Price Reduced Properties, and other nifty property sets that’ll get your imagination going…
Save properties you like for easy reference later.
And quickly “drill down” and find “similar properties” (people tell us they like this A LOT!)
You can sort by which properties are most popular, most walkable… or sort by square footage and acreage...
If you own a property you can quickly see how much it might be worth these days..
If you’re not pre-approved yet, click here to connect with one of our trusted lender partners.
And don’t forget to set up Email alerts… So you never miss out on a great deal. (very popular feature)