If I have enough money I would rather opt for buying a house. In this essay I sh
all elaborate on my viewpoint.
Buying a house is an Investment that appreciates at a very high rate. Rising rea
1 estate values have made home ownership a better investment than stocks market
over the past several years. Experts say if you want to beat Stock Market, buy a
house. Other key benefits to buying a home include:
In case of loans, the interest you pay on your mortgage is tax deductible, so ho
meowners stand to gain a significant reduction on their income tax.
Many sellers will also be anxious to sell by the end of the year so that they, t
00, can enjoy tax savings on the next home they purchase. That means you may hav
e more leverage during negotiations and they may be willing to accept lower than
their listing price.
If you're buying a new house, there's a good chance builders will be offering in
centives. Many builders will throw in nice little extras to sell as many houses
as they can by the end of the year.
A place to make your own. When you own your house, you can update your kitchen,
paint your home's exterior in any color you choose, change your fixtures, and re
place your carpeting
r own. Improvements can increase the value of a house, in turn giving owners mor
e money when they sell.
-- all with the knowledge that the changes you make are you
In conclusion, home equity is the largest component of personal wealth for every
one. Increase in home values and conversely volatility of the stock market prove
s the benefits of buying a house.
If I have
enough
money I would
rather
opt for
buying
a
house
. In this essay I sh
all elaborate on my viewpoint.
Buying a
house
is an Investment that appreciates at a
very
high rate. Rising
rea
1 estate values have made home ownership a better investment than stocks market
over the past several years. Experts say if you want to beat Stock Market,
buy
a
house
. Other key benefits to
buying
a home include:
In case of loans, the interest you pay on your mortgage is
tax deductible
,
so
ho
meowners
stand to gain a significant reduction on their income tax.
Many
sellers will
also
be anxious to sell by the
end
of the year
so
that they, t
00, can enjoy tax savings on the
next
home they
purchase
. That means you may
hav
e
more leverage during
negotiations and
they may be willing to accept lower than
their listing price.
If you're
buying
a new
house
, there's a
good
chance builders will be offering in
centives
.
Many
builders will throw in nice
little
extras to sell as
many
houses
as they can by the
end
of the year.
A place to
make
your
own
. When you
own
your
house
, you can update your kitchen,
paint your home's exterior in any color you choose,
change
your fixtures, and re
place your carpeting
r
own
. Improvements can increase the value of a
house
, in turn giving owners
mor
e
money when they sell.
-- all with the knowledge that the
changes
you
make
are you
In conclusion
, home equity is the largest component of personal wealth for every
one. Increase in home values and
conversely
volatility of the stock market prove
s the benefits of
buying
a
house
.