Buying a home is a major step. However, if you are truly serious about your finances, it is time to stop renting and start buying! As a renter, you are helping someone else pay their mortgage and not receiving any of the financial benefit from it. Why make someone else money when you can invest in yourself and your future?! Here’s why it’s time to purchase your dream Mason City IA home and stop paying those rental checks once and for all!
Top Financial Reasons to Own a Home
1. Cheaper than renting.
2. Locked in monthly cost for housing.
3. Investment you utilize daily.
4. Forced savings.
5. Tax savings.
According to nationwide studies by Zillow Research, homeowners only pay 17.5% of their income on housing costs while renters pay a whooping 27.7% of their income on housing costs! This means more money in your pocket every month! And, let us reiterate once again that the ~17.5% income you are spending is building equity for yourself and not someone else!
If you are ready to take the plunge and BUY your first home, work with the Top Realtor Mason City IA! We can help you find the perfect property to fit your needs within the North Iowa Homes for Sale! Give our experienced Team a call today at 641-425-4900 or visit our website at http://www.janefischer.com/.