October 12, 2016

The Benefits of Buying a Home

For most of us, owning a home of our own is an essential part of the American Dream. We spend our childhood dreaming of white picket fences, our early 20s crammed into small apartments, and our 30s saving up for a down payment. For those of us who bought our first home decades ago, the thrill of ownership may have faded. For those coming of age right now, it may still seem out of reach. That’s okay, because buying a home will happen eventually, and being a homeowner is indeed thrilling—even when you’re replacing the roof. How can we be so sure of these facts? Because we’ve seen the hope and joy on the faces of people as they visit The Preserve at Tidewater to tour our homes and start their lives.

Whether you’re buying your first home, seeking more room for a growing family, or looking for a beautiful place to retire, The Preserve at Tidewater is a great choice. When you live here, you’ll be able to enjoy the many benefits of homeownership, which includes the following perks:

Owning a home helps you build equity.

Every time you make a mortgage payment, you get a little bit closer to owning your home outright. You can also borrow against your home to help pay for other major purchases and refinance your home at favorable rates, which is a great way to update your home and increase its value.

Owning a home is great for your taxes.

Not only can you deduct the interest paid on your mortgage each year, you can also deduct your property taxes. If you’re a first-time homebuyer, you can claim the “points” on your loan, whether they were paid by you or the seller, and enjoy considerable savings.

Owning a home offers stability and security.

If you have a job you’re committed to, a neighborhood you love, or kids in school, the ability to guarantee where you’ll live and for how long is priceless. Mortgages are also fixed, which means you don’t have to worry about a landlord suddenly raising the rent, which can help with the long term planning of your financial future.

Owning a home gives you full creative control.

If you’re a person who likes to be in control, then owning a home is the only want to guarantee that you’re in charge of one of the most important things in your life—the place where you live. Cut down a tree in your yard. Paint the walls in your bedroom. Put in a pool. Upgrade your bathroom. If you can dream it, you can do it.

If you’re ready to make your dream of homeownership come true, visit The Preserve at Tidewater today. Our comfortable homes, natural beauty, and thriving community is ready and waiting to welcome you. Isn’t it time you came home?