Advantages Of Home Ownership

The first advantage of owning your home is the fact that you achieve that great "American Dream" of home ownership. As you know, home ownership is an important component to building wealth.

Secondly, there are also tax benefits to owning your home. The interest that you pay on your mortgage is tax deductible when you file your taxes every year.

The third advantage is every time you make your mortgage payment, you are gaining equity in your home because you are paying down your principal balance. In addition, most real estate appreciates, so this is another way to gain equity in your home. If you decide to sell your home, you will walk away from the closing with a profit because you have been paying your mortgage principal down every month and the value of your home has increased from when you first purchased it.

Finally, when you own your home, you are making an investment in your community and an investment in your financial future. This investment will assure you a great return, but to guarantee that great return, you must first obtain the right financing. To get the right financing and the best deal for your home, call EDJ today at 832-647-1769 or 1-877-469-3353!!! June is a good month to start building your wealth. CALL EDJ TODAY!