Ten Reasons to Buy Real Estate

Ten Reasons to Buy Real Estate

1. Appreciating Asset
2. Tax Write-off
3. Improvable Asset
4. Renting is a Short-Term Advantage, While Owning is Long-Term, Toward More Benefits and Being Wealthier.
5. Credit Scores of Home Owners are Higher!
6. Leverage Your Home.
7. No Landlord! 15 Day Grace Period for Mortgage Payments.
8. Capital Gain Exclusion.
9. Real Estate as an Inflation Edge.
10. Home Ownership Builds Wealth in Two Ways:
a. Through the "Forced Savings" of Paying Down a Mortgage, and
b. Through Appreciation - the Rise in the Home's Value Over Time.

- RealtyTimes.

Finally! The Difference Between a Condo and a Townhouse!

I know buyers always get condos and townhomes confused. Our MLS doesn't make it any easier in considering that a townhome is a "single family residence," and a condo is a separate category.

Here's the dirt: Condo unit owners own the inside of their units. Townhouse owners own the complete unit, including exterior surfaces and the land on which the unit is built. A single family residence is a category including attached and detached homes that the homeowner owns the land the home sits on.

I thought this was nice and easy to remember.