A good investment
A home is worth more and more as you pay off your mortgage ... Like a forced savings program!
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Tax benefits for owners
Mortgage interest and real estate taxes are deductible from your income for tax purposes so you may not have to pay so much in federal income taxes.
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Good financial credit
Making your mortgage payments on time builds good credit. It will be easier down the road to get a loan if you need one, or borrow against possible equity in the property.
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Appreciation potential
A real estate agent will help you make the best possible decision.
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Deferred gain & capital gain
Equity in a property can be rolled over to your next property
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Once in a lifetime exclusion
A property owner is not taxed on a certain amount of equity once they reach a certain age.
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Pride of ownership
Real property ownership is the foundation of the American dream.
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Sales Associate
forsale@alaska.net
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