| WHY BUY A HOME? Buying a home – a huge investment for anyone. However, there are many positive reasons to buy rather than rent. The real estate market, as any investment avenue, is subject to cycles. But over the years, real estate values have consistently the ups and downs of the property market, a house is unlikely to go bust. Also, given an average compounded annual increase of 7% a house will double in value over a 10 year period. Plus again unlike stocks, it's a physical asset you can rent it out and enjoy a two fold income from both the rent and the capital appreciation!! “A man’s home is his castle” (or a woman’s) – an expression which states very well why many people buy a home. You can decorate, hang whatever you want to hang on the walls, create additions to suit you personal needs and tastes – because you own it. In addition, there are some sound financial benefits to home ownership. For most home buyers, all the interest on the loan is deductible for tax purposes. Property taxes on a first home and a vacation home are also deductible. For capital gains taxes, should you sell your home, as long as you have lived in it fore 2 of the past 5 years, you can exclude up to $250,000 for an individual and $500,000 for a married couple, from the capital gains profit when you sell your home. You don’t have to go out and by another replacement home/more expensive home to get this tax deduction. Other tax exclusions may apply and you should consult a professional tax accountant to receive all possible tax deductions. Over time, you accumulate equity in the home as each payment includes interest and principal repayment. It is a great way to save over the long term. |
| If you would like to know how Tony Whitworth can help you find your dream home, please complete your contact details above and he will call |
All personal information will be held confidential and not passed onto third parties
By giving us this phone number, you are giving us permission to call you in
response to this request, even if this phone number is in the State and/or National
By giving us this phone number, you are giving us permission to call you in
response to this request, even if this phone number is in the State and/or National
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| |
 |
| ProspectsRealty of North Atlanta Where you can buy or sell your home in Less Time at Less Cost and with Less Stress |
| It's your move... |
 | |  | |  | |  | |  | |  |