If you are currently renting, you may think that it is difficult to become homeowner. At
Mortgageclose.Com, we understand your concerns and therefore offer the following information to
you. Advantages of Homeownership:
Leveraging.
By using small down payment, you can own a property that is appreciating at its full value.
Tax deductible on interest and property tax payments (consult your tax advisor for details.)
Fixed payments Often times, rent can go up as much as 10% per year. Therefore, what may cost you $1,000 to rent in 2001 will cost about $1,100 in 2002. By owning a home, your mortgage can be fixed for 15 or 30 years.