Vancouver Portland Real Estate Blog

Vancouver Home Ownership

If you are a renter, I want you to imagine what your rent will be in 20 years. Think of this: If you do rent a family home for $2,000 a month for 20 years, you will have paid $ 480,000 for the privilege of maintaining someone’s property. And do not kid yourself you do maintain the property in many ways. But let’s take a look at an alternative.

If you own your own Vancouver home it can be one of the best economic decisions  you can make. Look at the very generous tax deductions the IRS and your state will give you as a homeowner. All interest paid on your mortgage; along with your property taxes is tax deductible from your gross income. We are talking thousands of dollars in tax reduction. Right here you can see what a tax advantage home ownership is so vital for your economic future..

Related posts:

  1. How to Prepare for Home Ownership
  2. Benefits of Home Ownership
  3. How does a Lender Calculate the Credit Worthiness
  4. FHA Loans Qualifications
  5. The Costs of Getting a New Home Loan

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