Raleigh Residential Real Estate – Thinking of buying a new home in the Cary, Apex, Knightdale or North Raleigh, NC or any other areas of the Triangle? Should you buy that home now or continue renting
Raleigh Residential Real Estate
Thinking of buying a new home in the Cary, Apex, Knightdale or North Raleigh, NC or any other areas of the Triangle? Should you buy that home now or continue renting?
There are many benefits to home ownership like peace of mind and a feeling of permanence. Home owners can change the color of their bedroom or family room walls or fix a draft without asking permission. Home owners can decide to have a pet or plant a garden in the back yard and not have to ask for the go-ahead from the landlord. They do not face the possibility of having to move away, because the landlord decided to raise the rent.
However, it is important to do an analysis of the major costs and benefits of owning and renting, including tax breaks. You will want to consider costs for home insurance, major repairs, property taxes and mortgage payment. Tax deductions are an important portion of the analysis, but they should not be the only reason.
We have a link to a calculator to help you make the decision on our website under Buyer Resources or you can go directly to the Ginnie Mae page at: Your Path to Homeownership.
See our Featured Property at http://www.2004monthaven.com/ or go to www.PolingTeam.com .
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