Just like a vampire feasting on blood, renting sucks the money out of your pocket and can leave you financially dried up – if you let it. But it doesn’t have to be that way. There are many ways for renters to become homeowners and there are numerous advantages to owning a home that renting can’t even come close to – ever. At Realty by Judy Hayes, we are proud of our history of helping renters become home owners. And with our lease buy-out program, owning a home of your own has never been closer.
When you rent, every month you pay someone else for the space you live in. Month after month and year after year, the money leaves your pocket and enriches theirs. And, no matter how long you rent, you will never build any equity or benefit from the tax advantages that owning your own home provides. Now, how scary does that sound?
Buying a home provides real quantifiable and tangible benefits of:
- Long-term appreciation of value (home prices and values historically have increased over the long term). In short, owning a home is usually the biggest investment most American’s have.
- Tax benefits / reductions. There are many tax advantages including the well-known deduction of mortgage interest on your income tax.
- It’s yours! You can customize your home – paint it what colors you like, re-floor, re-do the kitchen, landscape how you like.
- Protecting yourself from the inevitable rent increase. It never goes down. Houston area rents are high.
Given the diverse housing market in Houston and the high cost of renting, you may find it hard to believe, but there are many ways get into your house – your home. At Realty by Judy Hayes, we can show you how affordable buying your first home can be. We have the real estate expertise; great mortgage brokers and we stay up-to-date with the latest home buying programs and incentive available from banks and the government.
Contact Realty By Judy Hayes today and ask about our lease buy-out program. We are passionate about helping people reach their dream……and vanquishing vampires too!