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Vanguard Properties
Vanguard Properties
Selina Zhao, Vanguard PropertiesPhone: (415) 919-0000
Email: [email protected]

Should I Buy a Home?

by Selina Zhao 04/13/2020

Photo by Monkey Business Images via Shutterstock

While homeownership often gets referred to as the American Dream, when you purchase before you are prepared, the consequences can be dire. Here are a few reasons you should buy a home.

  • You feel certain. Buying a house is a huge step. It’s sensible to be cautious when making such a substantial purchase. You’re taking on added responsibility and the ongoing cost of upkeep. But, when you're ready financially, it's an excellent step to take. Ownership can provide a sense of stability and security that sets you up for future financial success.
  • To build future equity. The best thing about owning a house is that it builds equity. Rather than tossing money away on a lease payment every month, you are paying a portion into your home’s value. Later, when you sell your home, some of this value returns to you. Be mindful, though, that housing markets only offer the guarantee of unpredictability; so housing values fluctuate widely over time. Once your home is paid off, you save yourself that monthly outgo — an excellent strategy for retirement.
  • Your employment is secure. If you believe your position is certain and that you’ll stay in your present job — go ahead and buy a home. Having that sure income helps you stay on budget, make your mortgage payments, and build future equity.
  • To access tax breaks. You can deduct a portion of your interest from your income and reduce your tax liability.
  • Stability for your family. Frequent moves and uprooting your family is usually less than desirable. Owning your home in the right school district and neighborhood gives everyone in the household a sense of stability.

Owning a home offers people a level of security. Putting down roots in a location you own can bring stability to you and your family. There’s also the sense of community that homeownership offers.

When you’re ready for the stability and advantages of homeownership, reach out to your real estate professional and begin settling into the perfect community for you and your household.  

About the Author
Author

Selina Zhao

Selina Zhao is a tech savvy real estate agent who brings over the top-notch marketing strategies, presentation, and negotiation skills to her clients. Selina always stays on top of the real estate market trends and stats. She applies strategies into different market situation and empower her clients to achieve their ultimate goal. During the first year of her real estate career in the Bay Area, she achieved an impressive $22.8M in sales. Selina’s experience on real estate sales ensure her clients get the care and attention they need as they make the crucial decision of buying and selling properties. Selina is vowed to provide excellent service, communication, and always an advocate for her clients.

Selina loves real estate, her career blended in perfectly to her daily life, and she loves to help others to achieve their American dreams. She works restlessly to get the work done. Immigrated from mainland China in 2007, graduated from University of Miami, Selina established her own online marketing company and her real estate career in Miami, Florida before moving to San Francisco in 2017. Her soul of entrepreneurship and cares for others encouraging her to pursue to be the best in the industry. Selina is also a former Miami HEAT video producer, who witness the team winning their 2012 NBA championship at the courtside.