Owning vs. Renting
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Presenting five advantages of homeownership:
1) Owning: You can build equity in your own home.
Renting: In an apartment or rental property you can’t!
2) Owning: The interest portion of your mortgage payment may be tax deductible*.
Renting: No portion of a rent payment is tax deductible.
3) Owning: The principal & interest payments of a fixed-rate mortgage never increase.
Renting: Rent payments almost always increase when the lease is renewed.
4) Owning: In a single family home, you have more privacy and it is generally quieter.
Renting: In an apartment, you share walls and the floor or ceiling or both with your neighbors, which can be noisy.
5) Owning: You have the freedom to decorate, make improvements and add security features in your own home.
Renting: In an apartment or rental property, you have to live with whatever the landlord provides.
*Consult your tax advisor for complete details
To learn more, call today and schedule a FREE consultation.
Sarah Highland
Sarah Highland
Senior Loan Officer
NMLS ID #408785
Cell 361-739-7394
Fax 866-896-8368
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Third Coast Home Loans, LLC
Third Coast Home Loans, LLC
5337 Yorktown Blvd #303 - Corpus Christi, TX 78413
Nationwide Mortgage Licensing System & Registry:
Third Coast Home Loans, LLC, NMLS ID #1013927 (www.nmlsconsumeraccess.org)
This is not a commitment to lend or extend credit. All loans, credit and collateral are subject to approval. Restrictions and conditions may apply. Terms, rates, data, programs, information and conditions are subject to change without notice, and may not be available in all areas.