Six Great Reasons to Own a Home:
Happiness - The feeling of owning your own home is unmatched. You can fix it up, make it your own, get a dog, or plant a tree if you want. Doesn't that sound exciting!
Tax Savings - The government rewards homeowners by providing excellent tax benefits. The interest paid on your mortgage and other home-related expenses can generally be deducted from your income.
Appreciation - Home values have a well-documented history of going up over time. This increase becomes equity you can benefit from when you refinance or sell.
Equity - Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes toward the principal balance on your loan. This builds your equity and acts as a savings account.
Roots - People who own rather than rent stay in their homes 4 times longer. This provides an opportunity to get to know your neighbors and connect with your local community.
Education - Research shows children of homeowners earn higher test scores and graduate at a higher percentage than those of renters.
I like to find and negotiate the best deals possible for my Clients, so specialize in Buyer's Agency. I have connections to local lenders and non-profit organizations who specialize in helping low & medium income Hawaii Residents achieve Home-ownership, including Down Payment Assistance Programs, and low-down payment loans. Email or Call me at 808-635-0688 for more information and a completely free consultation.