7 Reasons to Own a Home in BVI

7 Reasons to Own Your Home

1. Tax breaks. Usually these favor homeowners. Check with a local Coldwell Banker to discuss tax advantages of home ownership.

2. Appreciation. Real estate has long-term, stable growth in value, not withstanding the recent market fluctuations.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan.

5. Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years. However, keep in mind that property taxes and insurance costs will probably increase.

6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.

7. Stability. Remaining in one neighborhood for several years gives you a chance to develop and enjoy a sense of community.

Come visit our Coldwell Banker office and discuss your home buying opportunities with one of our experienced agents.