Cookeville Real Estate: Why Own a Home?

Home ownership is a major step in an individual or family's life. There are many things to consider before purchasing a home.

• Do you have a steady income/employment for the past 2 years?
• Do you have a credit history that is stablized and in good standing?
• Do you have money saved for down payment/closing costs and other expenses?
• Is your manageable debt enough to allow you to figure in the costs of owning a home? This would include yard maintenance, repairs, taxes, etc.

Owning a home can have great advantages when you are ready to purchase.

• A place that will be your own! You will have a place to raise your children, become a part of the community, and can even pass it down to your children for generations to come.
• You will pay less in owning a home than in renting and it will be yours in the end. Home ownership can reduce the federal income taxes you pay by deducting the interest on your mortgage and taxes on your tax returns each year. This will save you on the actual cost of ownership.
• Your monthly payments will never go up if you obtain a fixed rate loan!
• You can build a nest egg in building equity in your home. For some, this is the best source of financial security for people.

CONTACT KAY BENNETT, YOUR TENNESSEE REAL ESTATE PROFESSIONAL FOR MORE INFORMATION ON HOW YOU CAN OWN A HOME!

CELL: 931-510-8601 OR kaybennett@charter.net