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When is the right time to buy a home? The answer to that question is different for everyone. According the National Association of Realtors, first-time homebuyers say the number one reason for buying a home is that they're tired of paying rent. The tax benefits of homeownership come in second on the list, followed the desire for more living space.

From a financial point of view, owning a home offers a number of advantages. Homeowners build equity with each monthly mortgage payment, as opposed to simply putting money into the pockets of their landlord. The longer you own your home, the more equity, or value you establish in your property. In addition, a sizable portion of your mortgage interest and property tax can be deducted if you own a home. For these and other reasons, owning a home becomes an investment and a valuable asset for the future.

Other reasons for buying a home include:

• Increased space for growing families and a greater variety of features, styles, locations and sizes. By comparison, renters must often make sacrifices when shopping for a place to live.
• Homeownership is universal symbol of financial integrity that can help improve a person's credit rating.
• Homeownership gives people a sense of security and control. With a 30-year fixed interest mortgage, people don't have to worry about the landlord doubling the rent. They don't have to worry about sharing their building with noisy neighbors or putting up with kitchen wallpaper they don't like. Their home is their own and is subject to their own tastes and expressions. While homeownership is a goal every American would like to achieve, it may not be the right choice for everyone. The biggest drawback: if after you purchase a home you realize you've made a mistake, it's not easy to change your decision. unlike an apartment, which you can walk away from at the end of the lease, your home belongs to you and is an asset that must be cared for and maintained. If you are serious about looking for a house in Atlanta, having a licensed Realtor at your side can help to ensure that your home buying experience is an enjoyable and successful one.

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Isabel Elsesser 770-307-8751  Residential and Investment properties.
100% Financing, Down-payment Assistance, First time buyer programs, and more.

Equal Housing Opportunity

REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. Inquiries regarding the Code of Ethics should be directed to the board in which a REALTOR® holds membership.