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Buying your first home is a big step—but one well worth taking. The transition from renting, where your monthly rent check goes to someone else’s bank account, to buying a home that is a personal investment in your future has many advantages. You may feel a little overwhelmed by the process, but Kim Blanton will carefully guide you through, helping you to make sure your first home fits your needs. Please feel free to review my listings of great first-time buyer homes, and contact me with any questions you may have.
Benefits of Buying A Home:
A home is an investment.
You can deduct the cost of your mortgage loan from your federal income taxes.
You can deduct property taxes.
You can deduct certain home buying expenses
The value of your home may go up over time.
If you sell, there is a $250,000/$5000,000 home sale tax exclusion.
You will enjoy having a home that is yours and is a reflection of your personal style.
You can decorate and change anything you wish.
There are many programs to help first-time home buyers, both state and federal, that will help you with a down payment.