Reasons to Buy Real Estate in Utah

Reasons to Buy Real Estate in Utah
1. Tax Savings: You can write off the interest paid on the home loan and real estate property taxes if the home is your primary residence. You can write off mortgage insurance!
2. Fixed payment: Rent keeps going up. If you buy, with a fixed rate mortgage, your monthly payment only increases as property taxes and home owner’s insurance increase.
3. No Landlord. When you rent, you write a check and the money's gone forever. Why make your landlord rich?
4. Do it your way with your style. Plant a Garden, tile the floor, help your kid build a tree house, paint your kitchen green. When it's yours, you can do it your way and increase the value of your home.
5. Be part of a neighborhood!
6. Create stability: Moving sucks, nobody likes it and besides that, its nice to find an area you like and put some roots down.
7. Build Equity as the overall market increases & as you pay off your mortgage. A home is the biggest purchase most people make and for many their biggest investment.
8. Your equity can add up over time and be used to purchase a bigger home, an investment property or cover other big expenses if you need it.
9. Forced Savings.
10. Retirement: It may be a long way off, but owning your home free & clear is a major step toward retiring. Especially if your want to retire early.