Top 5 Reasons to Own Your Own Home

The decision to buy a home is a big milestone in anybody's life and should not be taken lightly! Your home is likely one of the biggest investments you'll make in your lifetime. You want to be sure that you are ready to take the step financially, mentally, and emotionally.

If you're considering buying a home in the near future, the team at eXp Realty is here for you! Check out this list of the top five reasons to own your own home.

1. Tax Deductions
As a homeowner, you will receive special tax deductions on the interest you pay on your mortgage and your property taxes. Whether you're single or married, these deductions can be a huge help when April comes around!

2. Freedom
Want to paint your bathroom bright green? Go for it! Owning your own home gives you total independence when it comes to decorating your own home. You are also in total control of your home's maintenance; you'll never wait on your landlord again.

3. Investment
Purchasing your own home is an investment in your future. Writing a check for rent means sending away money that you will never see again, but writing a check for your mortgage payment means putting money towards your personal investment. If you rent the same apartment at $550 per month for two years, you will have spent a total of $13,200 when your lease is up. That's $13,200 that could have been applied towards your own home.

4. Appreciation
Year-to-year fluctuations in the housing market are normal, but in the long run, real estate has demonstrated a steady growth pattern. Purchasing your home now could turn you into the proud owner of a profitable investment.

5. Stability
There's a reason that owning your own home is a major aspect of the American Dream. Living in the same area for several years enables you to build long-lasting friendships, to become an integral part of your community, and to provide a stable, enriching environment for your children.

NOW is the perfect time to buy a Lake of the Ozarks condo or home. For real estate at Lake of the Ozarks, contact the eXp Realty team. We feature lakefront homes, condos, lake lots, and commercial real estate at Lake of the Ozarks. For more information on our properties in the Lake of the Ozarks area visit our website or stop by our office!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766


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