630-307-2760 • 800-871-SOLD
Remax Central
Sharon Falco

5 Reasons to Own Your Home

1. Tax Breaks

The U.S Tax Code allows you the ability to deduct the paid interest on your mortgage. This incentive also applies to your property taxes, and may cover other expenses incurred from purchasing your home. We recommend consulting your attorney to figure out the best options available to you.

2. Appreciation

Owning your home is an asset that could have the potential to increase over time. When you rent a property your monthly payments benefit the landlord. If you own your home, your mortgage payments let you build equity ownership interest in your property. Building equity in your home is a ready-made savings plan. When you sell your home, you can generally take up to $250,000 (Per Person) as gain without claiming it on your federal income taxes documents.

3. Predictability

With rental properties there is always a chance that the monthly rental rate will increase year-to-year. When you own your home, your mortgage rates are a fixed price and will not rise. Therefore, there is a likelihood that your monthly payments may actually decline the longer you own the home. However, it is important to remember the variables involved in your payments. Your property taxes and insurance cost may fluctuate over time.

4. Freedom

As a homeowner, you have the ability to customize, change, and decorate your home any way that you choose. You will be able to enjoy these investments for as long as you own the home. Certain improvements may also add to your property appreciation.

5. Stability

Remaining in one neighborhood for several years gives you a chance to participate in the community. This will also allow you and your family to establish lasting friendships, and offers the benefit of social, and educational continuity. For more information about the benefits of owning a home call us today 630-307-2760!

For 7 months Sharon assisted us with looking at 2-3 homes a week. We had multiple contracts fall apart (by design or otherwise) and Sharon always kept our spirits high and exhibited confidence in finding the next lead. Her knowledge of the area, process, and market never failed to surprise us. It was a constant reminder we were in the right hands
- Shawn Shriver
Sharon was wonderful to work with! She worked hard for us every day and never gave up on our wants/needs. I understand how competitive this industry can be but I firmly believe that success is achieved by hard work and Sharon has proven that. Thank you Sharon for not giving up on us. We couldn't be happier with how things turned out
- Sarah Shriver
I couldn't have been happier with the home that Sharon Falco helped me to purchase recently. This was my wife's and my first home purchase so it was very new and scary for the both of us. Sharon made us feel like we were in control the whole time and explained everything in detail. She was very patient and was very well know.
- Juan Mendoza