We would like to congratulate our recent closing on a Military couple that purchased a home using their VA benefits. The happy couple attended our weekly VA Homebuyer Webinar, and immediately got qualified! They were paired with the Johnny Perez team from Compass, and found the perfect home soon after. Each of them used their entitlements and purchased their dream home together, how cool is that? But get this, their mortgage payment is actually cheaper than rent!
This couple received the Heroes San Diego Rebate in the amount of $2520.00 which they used to pay closing costs. They took advantage of the low interest rates and are now homeowners.
Benefits of buying a home
-Owning your own piece of property
Instead of paying rent each month that is going to your landlord, now your monthly mortgage payment is going towards something that is benefitting YOU in the long term.
-Stability and emotional security
Are you tired of negligent or unpleasant landlords? Or what about worrying that your rent will increase, or the property you live in will one day be sold? Well, owning your own home means that you can live in this house as long as you please and you are in charge.
-Pride of ownership
Tearing out walls, installing new appliances, or even painting the walls whatever color you really want! You are in charge of the renovations, remodeling and interior design style that you have always dreamed of.
-Putting down roots in a community
Homeownership gives you and your family a sense of stability and security. It’s an investment in your future, equity that will grow with you the longer you are in the home. As a homeowner, you get to know your neighbors, meet potential babysitters, and have neighborhood BBQs together. Heroes San Diego will make sure to find you your dream home, in a great neighborhood.
-House prices tend to rise over time
A home is one of the best investments that you can make! Home prices in the U.S. have risen three percent to six percent a year, for the past 20 years. This trend is very likely to continue. Buying a home now will be putting your capital in a safe investment where it is likely to grow.
-The ability to deduct the interest you pay on your mortgage, from your taxable income
New homeowners with recent home loans tend to get the greatest tax benefits. The newer the mortgage, the higher the interest payment will be each month. This means, greater tax breaks. Real estate taxes are deductible, providing wonderful benefits to the homeowner. Homeowners often find that owning a home costs substantially less than renting a home.
These are just a few of the benefits of owning a home! Feel free to join us every Wednesday at 6pm live for our Military & Veterans VA Homebuyer webinar. You will learn how to utilize your VA loan benefits, and become a homeowner today! Now that you know about our recent Military couple that purchased a home, you can do it too!
Our program is now offered nationwide. If you are relocating out of San Diego, you can take the Heroes San Diego Rebate with you. We will pair you with a real estate agent in the area you are looking for.
Homeownership brings many responsibilities, and it’s wise to make sure you are ready for it before you buy for the first time.
Heroes San Diego is here to help, and answer any questions or concerns you may have.