Chereese Garcia

I Like Long Walks In The Park....

But seriously, I am a professional Notary Public and Loan Signing Agent  with a sense of humor.  I enjoy what I do and I'm good at it.  The reason I became a Notary Public and Loan Signing Agent  is because I want to help people own their own home.  And not only that, I want people to have something to leave their family when they pass away.  

Owning a home is so much more than just having a place to live.  Here's a list of a few reasons for owning a home that can benefit you.

• Building Wealth: As your property increases in value, so does your equity, allowing you to sell for a profit. You could use that extra money to reinvest in a new home as well as an investment property. 

• Control Over Expenses: When you own a home, you can be certain of the monthly payment you will need to make while living in the house. Unless you decide to change your mortgage terms, your monthly payment will remain the same throughout the duration of your home’s mortgage.

• Financial Education: One little-known perk of homeownership is that, oftentimes, the financial knowledge that comes with buying a home will be passed onto future generations. By demonstrating the financial skills required to handle mortgage payments, parents can help prepare their children for several financial decisions.

• Mortgage Interest Deduction: Any interest paid on a home mortgage is tax-deductible. This means homeowners can reduce their taxable income by deducting the interest paid on a mortgage.

• Property Tax Deduction: Depending on your jurisdiction, there are also property tax deductions to be aware of. Homeowners may be able to reduce their taxable income further by deducting property tax. 

Originally from "https://www.fortunebuilders.com/benefits-of-homeownership/"