
	Home Buyer Newsletter Prepared for $full_name		Courtesy of: $client_name $company_name $company_phone $website

	10 Reasons to Buy a Home If you are still renting a home, it's time to realize the benefits you are currently not receiving as a renter..

Many people - especially singles and young couples who are just starting their careers - have mixed feelings about purchasing a house. They worry about getting tied down and taking on a lot of debt. If you are already a homeowner, you will understand the reasons to buy a home. If you are not a homeowner, you will want to find out what you are missing by not owning a home. Here are 10 compelling reasons why anybody who can afford it should consider buying a home: 1. House prices tend to rise over time A house is one of the best investments you can make. Home prices in the U.S. have risen three percent to six percent a year for the past 20 years. That trend is likely to continue. So if you buy a home now, you've put your capital in a safe investment where it is likely to grow. 2. You'll pay less income tax. You can deduct the interest you pay on your mortgage from your taxable income. The value of this tax break depends on factors like your personal tax bracket, the size of your mortgage, the rate of interest you pay on it and how long you've held the mortgage. As a rule, the newer the mortgage, the greater the amount of interest you pay each month and the bigger the tax break. Therefore, recent buyers with young mortgages tend to get the greatest benefit. You can also deduct your property taxes from your income, further reducing the income tax you pay each year.	3. You'll be buying a piece of real property. When you rent, you are putting money in a landlord's pocket each month. The real cost of renting is higher than the monthly payment. There is also an opportunity cost equal to the amount you would gain by using the money to purchase a home instead. Even if the house you purchased did not appreciate in price, you would be able to sell it and recoup some of the money you put into it. 4. Interest rates are currently very low. This makes it relatively inexpensive to take out a mortgage. The lower the interest rate, the less you actually pay for your house and the sooner you can pay the mortgage off. Use our calculator to see how different interest rates affect the total cost of your mortgage and the time it takes to retire it. 5. You'll be able to use the equity in your home for low-cost loans for other purposes. You can access the paid-up equity you accumulate in your home in the form of a home equity loan or a home equity line of credit. Because they are secured, home equity loans and lines of credit generally carry a lower interest rate than other types of consumer loans, such as auto loans. The interest on them is generally tax-deductible, as well. 6. You'll have the stability and emotional security of owning your own home. No more worrying about dictatorial or negligent landlords, rent increases or the possibility your building will be sold and redeveloped or turned into a condo. You'll be able to live in your house as long as you like, fix your monthly payments for as long as 30 years and you'll be in charge.	7. You'll be able to redecorate and renovate any way you like. Rules about the paint colors you can use will be a thing of the past. And you'll be able to tear out walls, install a powder room and make any other improvements you want. Best of all, if you decide to sell, you'll recoup at least part of the cost of the improvements. 8. You can increase your net worth. The equity in your home can be used for creating tax-deferred investments through specialized investment vehicles. The rate of return on these investments often exceeds the tax-deductible interest cost on borrowing the money. 9. You'll be able to put down roots in a community. When you're a homeowner, you'll get to know your neighbors, participate in street sales, meet potential baby-sitters and play Saturday-morning touch football in the park. Renters tend to live more insular lives. 10. You'll have a greater voice in community affairs. Local homeowners generally have more clout -- individually and through ratepayer's associations -- when it comes to development proposals, school issues, changes to traffic control and routing and the like. Because renters tend to be more transient than homeowners, they have less influence on policymakers. I hope that this gives you something more to think about when you are considering buying a home. Make sure you watch my first time home buyer seminar. If you did not ask for it yet, call my office and I will send one out to you.		About My Services I would like to help you with the task of buying a home. To do this, I am able to do the following for you: Evaluate your credit and rental payment history Advise you on the various types of mortgage programs Resolve any issues on your credit report that can affect your mortgage. Determine the largest mortgage for which you qualify Make sure you have all the required loan documents Provide you with a Good Faith Estimate of closing costs Keep you informed as to changes in mortgage interest rates Determine any seller assist that you may ask from a property seller Co-ordinate all aspects of settlement or escrow, including title search, appraisal, paperwork and other services At $company_name, we offer mortgages for most buyers, including ones who are self-employed or who have damaged credit. We have lenders who offer 100% financing meaning no down payment for qualified buyers. We also offer mortgages with start rates as low as 1%, making it easier to get into your home. If you have any questions about how I can help you purchase your home, please call me at $company_phone.