Buying your first home has many benefits. You’ll become part of a community, experience the security of owning the roof over your head, and have the opportunity to create a home that meets your needs and style.
Your first-time homebuyer benefits also include opportunities to:
- Build home equity - Unlike rent, the principal portion of every mortgage payment you make has the potential to grow your asset.
- Gain potential tax benefits - Your mortgage interest and real estate property taxes are usually tax deductible when you file your income tax returns. (Consult a tax advisor regarding the deductibility of interest.)
- Build your credit - Making on-time mortgage payments can help you create and keep up a strong credit history.
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| Trust Robyn Seymour to ensure your first purchase is the right one |
- Take control - Rent increases, cancelled leases and other unexpected tenant hassles will be things of the past.
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