Question:
Why should I buy, instead of rent?
Answer:
A home is an investment. When
you rent, you write your monthly check and that money is gone forever. But when
you own your home, you can deduct the cost of your mortgage loan interest from
your federal income taxes, and usually from your state taxes. This will save you
a lot each year, because the interest you pay will make up most of your monthly
payment for most of the years of your mortgage. You can also deduct the property
taxes you pay as a homeowner. In addition, the value of your home may go up over
the years. Finally, you'll enjoy having something that's all yours - a home
where your own personal style will tell the world who you are.
It's a smart idea to work with a Realtor on your home buying adventure.
The right agent will make your Hawaii real estate buying adventure go smoothly by being upfront and honest
with you on any questions you may have. How to get pre-qualified?
Making an offer? Home Inspections? The Buying Process? Contingencies and
timelines and so on. Don't forget to check out our
FREE Buyers Services to get started on your
search on finding your dream home or investment property.
All information herein deemed reliable but not guaranteed.
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