Tax Season 2021
Although it’s hard to believe, it’s tax season once again. With the filing deadline approaching in April, many lucky filers will be looking forward to a nice tax refund. There are a lot of different ways that you could put that money to good use, one of which is Real Estate.
Owning a home has many key benefits when compared to renting. While 100% of your rent payment goes to your landlord, part of your Mortgage Payment goes towards principal…Which is like a forced savings plan for you to build up equity. Which makes buying a home is an amazing investment!
In fact the forecasted rate of appreciation in the United States over the next 12 months is 6%. That means you could expect a significant gain over the next 12 months!
You could use your tax refund as a down payment on a new home or investment property. Many benefits come from putting down a large down payment such as qualifying for a lower rate, a lower monthly payment, or even eliminating mortgage insurance.
I would love to talk to you about the benefits of owning a home in your local market! Give me a call today and let’s talk. 801.206.4343
