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Friday, April 24, 2015

5 Advantages of Buying vs. Renting

Like many first-time home buyers, you may be having some reservations. Listening to the thoughts of your family and friends can be overwhelming - is buying a home the right move for you? Take a deep breath - we're here to help. The more you know about the advantages to owning your own home, the more comfortable you'll probably feel about making the big decision!

Here’s 5 advantages of buying vs. renting:
 Build Equity. Mortgage is a word not many people like hearing. But paying a mortgage means you can increase your degree of ownership in your home with each payment.

Submit more tax deductions.
As a homeowner, you can deduct your mortgage interest and property taxes - one bonus renters don’t get! And those who work from home may be eligible for deductions from their home office and portions of utilities.

Have creative control.
Want to change up the lighting in your home or add new appliances? Maybe you prefer a bold new wall color. When a house is yours, you have the ability to customize it to your liking.

Maintenance Choices. Another great advantage to owning a home is that you get to decide whether you want to pick your own contractor or tackle the maintenance yourself. Renters don’t have the same luxury as they need to answer to their landlords.

Pride of ownership.
Looking for the traditional American Dream? It’s not for everyone, but there’s something special about having your own home - you can call it your own.

Now that you’re ready to purchase your very own place, call Copper Square today so we can help you find the perfect place to call home.We offer luxurious townhomes to suite your personal lifestyle. Our Models, Design Studio & Sales Center are now open. Call today at (203)778-4800 or visit our website for more information.

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