Reasons to Purchase a Home

Reasons to Purchase a Home

•1. Quality of Life

•2. Tax Deductibility of Mortgage Interest

•3. Tax Deductibility of Property Taxes

•4. Appreciation Potential

•5. Deferred Gain and Capital Gain Treatment

•6. Once in a Lifetime Exclusion

•7. Principal Accumulation

•8. Pride in Your Home

•9. No Landlord

•10. Leverage (where else can you buy this size of an investment with 5-10% down)

•11. The Real Cost of Renting (At $700 per month, with a 6% rental increase per year, you will pay $110,719 over a 10 year period.)

Also don't forget you can get some great deals on home . Prices will not be depressed for long. Many people are going to say I should have bought a home in 2008/2009 now that the same homes are selling for much much more.