buyers don't pay commission to the realtor
For both buyers and sellers, the help of a knowledgeable broker is valuable, but who pays for the services of the real estate agents? If you're about to start your home-buying journey, you're likely thinking about hiring a real estate agent. Standard practice is that the seller pays the real estate commission of both the listing agent and the buyer's agent. Which means you can use a Realtor for FREE!
Tax benefits
Another awesome benefit to owning a home is the ability to deduct your property taxes. This could help save you hundreds for the year and all you have to do is fill out the paywork and send it into the appraisal district.
It’s cheaper
Sure, there’s the upfront cost of the down payment and closing.
After that, the monthly outlay of owning a home is much less than paying rent in most cases. Plus, mortgage rates are currently low, making it an economically wise choice to purchase a home sooner than later.
