What will you need after you have a custom home, Roddy?
Make no bones about it, I will have my custom home and some other houses-types!
Real Estate Market Appreciate
Present interest rates makes now an ideal time to buy a great home for an ideal price, but this period doesn’t last forever.
Qualifying For A Mortgage Loan
Couldn't be any easier now. For the real estate investment process, having good credit is incredibly important for receiving any financial assistance in buying a new home. Besides, the property is part of the security instrument for the loan.
Commanding Your Budget and Time
A mortgage is the reverse of saving-up to buy a house. Locating the perfect home, presenting your offer, and winning an agreement with the seller is a process your Realtor helps you efficiently. So you can spend the next 10 - 30-years saving for other property while living in a home comfortably.
Financial Uplift A New Home Will Bring
Your own piece of real property actually helps people solve other financial problems. Even though you have a debt to repay, it is also a credit to you. Although you are chipping away at your debt each month and it is getting smaller, the original credit amount on your positive side does not get any lower. Fact is, with prompt payment your credit gets more appreciation.
Taxes and Other Personal Reasons
The interest you pay for a mortgage loan for your home reduces your income tax liabilities significantly. That is just one of the benefits of buying a home. New properties are a new start for most of us. You may have to live with some of your existing furniture but you do want to consider all the important pieces before buying new ones. Moving into a new property is always going to change some of your existing furnishings. Think about it; if you want to move all the same old stuff to just a new address then it would not be sensible to move. Your new house is also your home—a source of comfort, safety, happiness, entertainment and well-being. Don't go into the housing business with yourself as the customer for that business. Invest in your home and see how marvelous it will appreciate!
It will appreciate so much you can look into the following big-ticket items.