Five Reasons Potential Home Buyers Need to Jump off the Fence Right Now! Reason # Two

Five Reasons Potential Home Buyers Need to Jump off the Fence Right Now!  Reason #2

Click here to see the  first reason!

THERE ARE SUBSTANTIAL TAX BENEFITS TO OWNING A HOME

Generally if you are in a fifteen percent tax bracket you will get back fifteen percent of what you are paying in interest and property taxes on your home during the year.  Almost all the money you pay on your house payment at the beginning of most mortgages is interest and taxes.

Check with a tax expert like your Certified Public Accountant to determine exactly how much money you will save on taxes every year when you buy a home.

In many cases if you set the money aside that you are saving on your tax deductions and interest it will pay for the general upkeep of your home  So if you are getting 200 dollars a month back from these deductions then just set that aside and it will be more than enough for maintenance of your home..

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