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5 Home Ownership Principles Everyone Should Know!

 Dual Purpose Investment 

  A home is simultaneously an essential need and an investment vehicle.

 

Think 60 Years, Not 30

 You might have a 30-year mortgage, but based on average life expectancy you should think of housing in terms of 6o years. 

 

Forced Savings

 Mortgage payments deliver equity, and serving as a forced savings account.

 

Inflation

 Rents rise with inflation. But your mortgage rate can act as a housing cost stabilizer.

 

Taxes

 Home ownership gives you mortgage tax breaks and other real estate deductions.

 

 

 

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