With interest rates at record lows and an abundance of properties on the active market, there’s never been a better time to buy Bald Head Island real estate. Whether this is your first property or your 10th, here are the 5 top reasons to be a homeowner in today’s market.
- It’s the best savings plan you can find because it pays the highest yield in interest.
- Stop throwing your money away on rent. When you own you’re investing in your own home.
- Enjoy the tax advantages being a homeowner gives you at tax time. All that interest you’re paying is tax deductible!
- Value gained as appreciation grows. As the economy improves the value of your property increases. Stay long enough and you can double if not triple its worth – all by just staying there and maintaining the property!
- The 3 S’s – security, stability and socialization. Being a homeowner provides you with a secure and stable lifestyle. You know what your mortgage will be for the next 30 years too, nobody is going to raise the rent. You’ll enjoy the socialization that being a homeowner can bring, too, as you meet your neighbors and invite friends over.