Six reasons to buy a home

By April K. Wright

vegashome 300x163 - Six reasons to buy a home black vegasBuying a home is a great short & long term investment. When your property value increases you gain equity. Equity that you can use to buy additional homes or even start a business.The opportunities are endless.

Compared to many other cities, like those in our neighboring state of California, Las Vegas allows its residents a laid back lifestyle at less cost. According to Greater Las Vegas Association of Realtors as of June 2018, Las Vegas has a median sales price of $290,000.

Owning a home provides additional tax write offs. Not to mention, Nevada has no state tax. It’s a win win!

Increasing rental prices continue to be a hot topic. When you own your home, you don’t have to worry about the rent going up. Nor do you have to worry about the owner selling and you having to move un-expectantly. By the way, there are no tax advantages to renting.

You don’t need permission to do improvements. It’s yours-generally speaking. If you are in a hoa community, some exterior improvements require approval. Otherwise, what you do on the inside is up to you.

Yup, you read right. There are down payment assistant programs available for first time home buyers, teachers, fire fighters and even those in culinary. Call for more details.

April K. Wright, CPM, e-Pro Broker Associate
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