Buying or selling a home should be like any other business transaction, but all too often buyers and/or sellers make emotional or impulsive decisions that cost them money and time. Choosing the right Realtor to find the right property or market your property is the most important step in the process.

Owning a Home

From a dollars and cents viewpoint, owning your own home makes good sense. When tax time rolls around, you have the benefit of deducting the interest paid on the mortgage throughout the year. If you have paid points, either discount or origination, you can deduct these as well. Probably the biggest advantage, though, is the fact that the principle you pay on the mortgage is like putting money in the bank, in the form of equity.