The reasons for buying my first home could include pride; it will be mine to keep. I know that when I have my home I can decorate as I wish and be more free to actually the I would if I were to get a aptarment.This will be my home and no one else’s . I will be able to build equity for me to have for my future.Instead of making rent payment s I will actually be able to start living and having things for myself. I will also be able to build long lasting memories with my friends and family. That picture in front of the Christmas tree will be in home that I own and the memories that I start to make will be more worth it to continue on and have this home I bought be for me. And once I have paid for my home it will be mine to keep. I will also be able to write off yearly interest and have other deductions for my taxes. For instance I can use credits I haven’t been able to use before like the …show more content…
home heating credit and claim the head of household. These are one of the many reasons I will consider when it comes to buying my first home.
When I buy when it makes sense to me I can check into getting preapproved for a loan when I feel the time is right.
I want to know when I look at buying a home that I could actually do this and have a mortgage that I am doing this for me and no one else. I will also be able to check out public assistance loans that may be able to help me with my mortgage. I will be able to look at my numbers and decide for myself when I thought the time was right. I can also look at several home s and know that I am doing it for me and no one else. The more homes that I look at will help to decide what kind of home I would like and will help me to decide when the time may be right. I can know that I have the option of taking only what I want form others and not what others think I should be doing. This is a big descion and I know I need to do this for me and no one
else.
Website sources
Common questions from first time home buyers retrieved from http://www.hud.gov/buying/comq.cfm First time home buyer: the advantages of home buying retrieved from http://www.homeloancenter.com/homeowner/first time homeowner
Renting versus buying parts 1, 2, and 3 retrieved from http://ezearticles.com/?benefitsof buying- a- home did=1481431
MSNmoney which is better: Renting or buying a home? Retrieved from http://msn.com/saving-money-tips/post.aspx?post=f794652d-499d-91a-5530 Lending tree steps to buying your first home retrieved from
http:www.lendingtree.com/smartborrower/first=time-buyers/buying/stepsto-buying