Why Should You Buy a Home in Denver?
1. Tax deductions – Mortgage interest and property tax obligations are a homeowner’s best friends on April 15th. For both federal and state income taxes, these payments are tax deductible.
2. Appreciation – It’s hard to talk about this one at the moment, but we still firmly believe that over a ten-year period, real estate is a great investment. The Denver housing market is already showing stability. We believe the Denver market will lead other housing markets around the country.
3. Equity – This one’s easy. Why throw away money on rent when a portion of that payment could be going towards building equity?
4. Borrowing Power – For owners who opt to stay put, home equity is powerful. Did you know that if you apply for a job, the human resources department is likely to check your credit report? When they see you are making mortgage payments, extra points will be added to your resume!
5. Stability – As a renter, you have no idea what you’ll be paying for a few years from now. Stability also comes from the sense homeowners get to being anchored to their community.
6. Freedom – No need to worry about the downstairs neighbors complaining you’re too loud. It’s your house. Okay, we don’t want the next door neighbors to have to call the Denver cops when you have your housewarming!
For more information on Denver real estate, please contact TeamCox Realtors at 303-400-6060.
Denver Real Estate Update – August 2010
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
If you are looking for a home in Denver and the surrounding area then contact TeamCox for professional Real Estate Assistance