| Home owners pride is a feeling that really can't be | | | | down payment. But only until December 1st 2009. |
| beat. Owning your own home means it is yours, really | | | | That's an $8000 reason to buy a home! Any |
| yours. Something to be proud of. If you feel like painting | | | | remodeling done to your home or energy saving |
| the walls, you can paint the walls! You can remodel if | | | | improvements are also eligible for tax breaks, and no |
| the fancy strikes you or change appliances or pretty | | | | one likes paying taxes. Here's the chance to have the |
| much whatever you want. It's your house! | | | | Government give you money for a change! |
| Having your own home makes you part of a | | | | The economy is cyclical. Home prices go up and home |
| community. A place where you can raise your family. It | | | | prices go down. Real estate is known to appreciate in |
| gives you and your children security for the future | | | | value over time more than any other investment. |
| Many people end up actually paying less money on a | | | | That's assuming of course that you make smart |
| mortgage than they do on rent. Imagine never writing | | | | informed decisions when you buy. It's also the most |
| that check again making your land lord richer. You can | | | | stable investment you can make. Think about it, the |
| be making yourself richer instead. | | | | land will always be there. |
| Acquiring equity is likely the best reason to own a | | | | Another favorite reason to have your own home is |
| home. Equity is basically the profit built into your house | | | | the capital gains advantages tied to ownership. If you |
| by you. By definition equity is "the monetary value of a | | | | build or buy a house and live in it for at least two |
| property or business beyond any amounts owed in | | | | years, when you sell you get to keep all the money. |
| mortgages, liens, claims ect.". No more throwing money | | | | You won't be taxed up to $250,000 or $500,000 for a |
| away on rent every month! Every time you make a | | | | married couple. That's a sweet deal. |
| mortgage payment you are building equity in your | | | | There are many arguments in favor of home |
| house. When you improve your home you are building | | | | ownership, both personal and monetary. These are |
| equity into it. Those weekend projects are actually | | | | just few. There are many more, such as building credit |
| making you money! Besides, it's fun working on your | | | | and just the satisfaction of waking up in your own |
| own house. | | | | castle every morning. If you've ever thought about |
| There are some really great tax credits this year for | | | | buying a house, first time or not, now is the time to do |
| first time home buyers. The Government is giving an | | | | it. It's a buyers market out there with home prices and |
| $8000 tax credit if this is your first time buying a home. | | | | interest at almost historic lows. It won't last forever. |
| Soon you'll also be able to use that tax credit for your | | | | Get in now before it's to late. |