Some may think to themselves that they saved by not purchasing yet... But what they haven’t realized, is that as the price of the home they purchased went up by $12,000, even if they just put a down payment of 5%, they had to come up with an additional $600 at the start of the process. So really they’ve only saved $129.36 in a year. Or did they? Paying rent doesnt give you any tax benefits. And, lower price on home is lower property taxes. So, did they really save by not investing in a home yet? Will they ever get their rent money back? Consult your trusted agent here at Century 21 Americana. Lets discuss your best options.
Posted on: Wed, 14 Jan 2015 05:51:05 +0000
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