Here are the five reasons: 1.) Housing is typically the one leveraged investment available. Not many people are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting 10 percent or less down, their leverage factor is 10 or more. 2.) You’re paying for housing whether you own or rent. “Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord. 3.) Owning is usually a form of “forced savings". Since many people have trouble saving and have to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings to another day. 4.) There are substantial tax benefits to owning. Homeowners are able to deduct mortgage interest and property taxes from income…On top of all this, capital gains up to $250,000 are excluded from income for single filers and up to $500,000 for married couples if they sell their homes for a gain. 5.) Owning is a hedge against inflation. Housing costs and rents have tended over most time periods to go up at or higher than the rate of inflation, making owning an attractive proposition. To search for homes in North San Diego County, click here:
There are some people who have not purchased homes because they are un
"Client Feedback on Constance Henderson
How fast did your agent respond to your questions: 5 out of 5
How well did your agent use technology: 4 out of 5
How helpful was the support staff: 5 out of 5
How good was the auxiliary services we recommended: 5 out of 5
How did the closing go: 5 out of 5
How close did we meet your expectations: 5 out of 5
How likely are you to recommend us: 5 out of 5
How did you find us:
Your most memorable moment
Connie made a great first impression & followed up on everything.
The moment you'd rather forget?
We are first time home owners & I would like to think Connie help make the transition as effortless as possible! She's awesome! There are no regrettable moments!
I had all but given up on "Realtors" which I thought was synonymous with being rude & disrespectful until I found Premier Solutions. I was promptly contacted by Constance who not only helped me find the right home but guided me through the purchasing process. I guess that's why they named the company "Premier Solutions" they're good people.