The Spring market is upon us and it is a buyer's market! Here are 9 great reasons to a buy a Pepper Pike home!
1.) Quality of Life: A Pepper Pike home provides stability and security for you and your loved ones.
2.) Pride of Home Ownership: It's your personal haven.
3.) Historically low interest rates: Under 6% in the United States!
4.) Appreciation potential: Your Pepper Pike home investment can grow in value.
5.) Equity buildup and debt pay down: Pepper Pike Homeowners as well as all homeowners enjoy an average net worth of approximately $184,000 vs. $4,000 for renters.
6.) Leverage: Where else can you buy an investment of this magnitude with 5-10 percent down?
7.) Tax deduction advantages: property tax and mortgage interest write-offs.
8.) Tax exemption: up to $500,000 per couple of $250,000 per person upon the sale of primary residence in the United States.
9.) The real cost of renting: at $800 a month, with an average of 6 percent rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property.
Thank you for reading the Weiner Real Estate Group's Real Estate Blog. If you would like more information on how you can buy your dream Pepper Pike home, please contact Erin Oakley at 216-410-8221 or by email at Info@NoPlaceLikeCleveland.com
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