Results for: benefits of home ownership

Benefits of Home Ownership: Cheaper Than Renting

August 9, 2013 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

As we discussed earlier this week, there are both short and long-term factors to consider when deciding to buy a new home. But at the heart of most of these factors is a simple question: is buying this house cheaper than renting? And to answer that question, you need to ask yourself if your concern […]

Benefits of Home Ownership: Borrowing Power

August 7, 2013 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

The decision to buy a house should not be taken lightly. If you own it, you are responsible for it. Now, that’s not to say you shouldn’t go for it, but it is to say that you need to look at both the short and long term effects of home ownership. Most of the benefits […]

Benefits of Home Ownership: Stability

August 2, 2013 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

While less tangible than building equity or saving money through tax incentives, the benefits of a stable home are still an important consideration, especially for families with children or which are planning to have children. Home ownership creates confidence in where your family will live into the foreseeable future; should you decide to move, it […]

Benefits of Home Ownership: Tax Incentives

July 31, 2013 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Mortgage Refinancing, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

As we covered last week, one of the biggest benefits of home ownership is building equity. But besides the equity aspect, the next most important benefit of owning a home for many Americans is the tax write off. Now, I’m not an accountant, and I can’t guarantee that everything I say will apply to everyone […]

Benefits of Home Ownership: Building Equity

July 26, 2013 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

There are, of course, many benefits to home ownership. These benefits are the reason why people buy a house. But over the weekend, I read an article which stated the benefits of renting, and I realized that the true benefits of home ownership may need to be explained. So, I’m going to be posting a […]

So You Want to Buy Your First Home!

October 30, 2017 Marc Edelstein Uncategorized 0 Comments

Is it the “right time” to buy? I get a lot of questions about real estate and mortgages. For the most part they’re all great ones, but probably like you in your profession, I hear many of the same questions. One of the ones I get quite frequently is  “when is the right time to buy my first house?” […]