Why should I buy?


You can build equity. Historically, homes rise in value anywhere from 4% to 6% per year. But even if your home doesn’t increase in value, you’ll be building equity as you pay down your mortgage.

Your housing payments will stay stable. If you choose a fixed-rate mortgage, your principal and interest payments will remain the same for the duration of the loan.

You may be able to use your home as an investment. If you buy a home and choose to leave it, you can rent it out rather than sell it and, thus, generate income. This works best if you can cover your mortgage (or more) with the rental payments. With this in mind, you should prioritize buying in a new development project since the value of these homes generally grows right after completion.

As an investor, you can also take advantage of tax breaks. Investors can deduct their mortgage interest payments and property taxes when they prepare their federal income taxes. These deductions offset the cost of housing.

You can settle in a community. Once you commit to owning a home, you are more likely to become more involved in your community because you know you’ll be there for years. You can get to know your neighbors, perhaps join a homeowners’ association, or volunteer for projects that benefit the community or the local school.

Click here to learn more about our community.

You have the freedom to decorate as you please. One of the joys of home ownership is the ability to change your environment to suit your tastes. Of course, if you live within a development with a homeowners’ association you may have a little less freedom with your home’s exterior, but you can still paint your kitchen purple if you like!