With today’s interest rates at historical lows and prices of homes in Baldwin County recovering from the depressed housing market, now is the best time to purchase a new home!  On most occasions, you can own for the same or less expense that apartments charge for rent.

Additionally, there are many other advantages to owning versus renting: 

Mortgage interest is tax deductible enabling you to pay less Federal and State income taxes.

Homes appreciate in value over the years, adding to your net worth.

You enjoy more privacy.

You generally have more space than you do in an apartment.

A home provides more security and safety than an apartment.

Interest rates will begin to rise soon, values will be higher soon as well.  So, take advantage of today’s housing environment and consider buying a home today.  Remember, ‘there’s no place like home’.

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