Why Buy a Home?

Why Buy a HomeBuying your next property - whether for your primary residence, a vacation house or for investment - is a major project, assuming you want to fulfill certain priorities: budget, location, return on investment. Our short counseling session will help you understand the more practical  decisions you must make in order to get exactly what you want... We help you understand what you really want and help you through the steps of finding the perfect property and team of experts so you experience less stress and more smiles!  

Deciding to Buy

Home ownership remains one of the highest goals for many people because of its many benefits. Along with owning your own home comes a sense of security and belonging that cannot be found elsewhere. 

For many, home ownership represents personal and financial success. There is much personal satisfaction in living in a home that you own. 

A home is still a valued investment which can have many financial advantages and tax benefits. The amount of interest you pay on a home loan and the real estate taxes you pay on your home are among the few major federal tax deductions.

Owning a home is the primary way most people build wealth.

Home ownership is also good for our communities, because families who own their homes are more involved in their local communities and participate in local events.

5 MINUTES NOW COULD SAVE YOU $5,000 OR MORE LATER

First Time Home Buyer?

5 minutes now could save you $5,000 or more later

Jim Albert Realtors, LLC, Buyer's Brokers of the Seacoast, is an exclusive buyer agency. We are Realtors® who represent buyers every step of the way. We can save you money and avoid the needless mistakes first-time home buyers often make. Our experienced agents are ready to serve - there are no stupid questions with such a large financial transaction, so we promise to be with you from the first showing to the final closing. 

Our buyers have saved nearly $3 million in the past three years. We work for you.

To receive your FREE copy of our "10 Most Costly Home Buyer Mistakes" guide  click here  to send us an email and we'll get one to you right away.
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Rewards and Obstacles to Home Ownership

Home ownership remains one of the highest goals for many people because of its many benefits. Along with owning your own home comes a sense of security and belonging that cannot be found elsewhere. For many, home ownership represents personal and financial success. There is much personal satisfaction in living in a home that you own. A home is still a valued investment which can have many financial advantages and tax benefits. The amount of interest you pay on a home loan and the real estate taxes you pay on your home are among the few major federal tax deductions. Owning a home is the primary way most people build wealth.

Home ownership is also good for our communities, because families who own their homes are more involved in their local communities and participate in local events. 

The Rewards of Home Ownership - happy family in yard
Rewards of Home Ownership:
  • personal satisfaction
  • sense of community
  • tax savings
  • stability for you and your family
  • investment in the future
Obstacles to Home Ownership

Still, for many Americans, owning a home continues to remain just slightly out of reach. For more and more families, saving the money for a down payment is the biggest obstacle to home ownership. Many people mistakenly believe that you have to come up with a down payment equal to 20% of the price of a home.

Traditionally, lenders have required that home buyers be able to make a down payment of at least 20% of a home’s purchase price to get a home loan or mortgage. However, mortgage lenders will grant home loans to qualifying home buyers with a down payment of as little as 5% of the purchase price, if the mortgage is insured.

In fact, home loans with down payments of less than 20% are very popular. They are called “low down payment mortgages.”

This is good news for the millions of home buyers who are finding it difficult to save a large down payment, especially for their first house.

6 Reasons To Own Your Own Home

  1. 6 Reasons to Buy Your HomeTax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, as well as some of the costs involved in buying your home. This means eventually more of your hard earned dollars stay in your pocket. Gains. Historically national home prices have increased at an average of 5.4 percent annually. While appreciation is presently only happening in isolated areas, most economists see a trend upwards returning within a relatively short time.
  2. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.
  3. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,00 for a married couple) as gain without owing any federal income tax.
  4. Predictability. Unlike rent, your mortgage payments don’t go up over the years*, so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will rise.
  5. Freedom. The home is yours. You can decorate any way you want and be able to benefit from your investment for as long as you own the home.
  6. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

* Fixed rate mortgage only

5 Common Reasons WHY Our Clients Buy

  • #1 RELOCATING 66%
  • #2 MOVING UP, 57%
  • #3 DOWNSIZING, 36%
  • #4 SECOND HOME, 24%
  • #5 INVESTMENT, 18%
Whatever your reason, the process is the same. And we can help save money, make it easy and get want you want.