Thinking of buying a home? Here are some benefits homeownership has over renting.

1. RENT VS. BUY
A N D ALL THE RE A S O N S W H Y !

2. While homeowners do pay property taxes,
these are tax deductible when filing your
yearly tax return. Homeowners also are
allowed to count mortgage interest as a
tax deduction!
Tax Benefits

3. Depending on the market and how well you take
care of your home, its value will likely increase
over time. This means if you invest in a home with
good bones in a good area of town, there’s a good
chance your investment will pay you back + extra!
Appreciation

4. Privacy
APARTMENT WITH A NOISY
NEIGHBOR?? NOT WHEN YOU OWN
YOUR OWN HOME!

5. Freedom to renovate
As a homeowner, you have the freedom to
make renovations without having to ask for
permission from a landlord.

6. Equity, an important financial tool and one of the greatest benefits
of homeownership, is the difference between what you owe on
your mortgage and what your home is currently worth. Your
equity will increase as you pay down your loan and also increases
when the value of your home rises. You can tap into your home’s
equity to pay for a major renovation, pay for your child’s college
tuition or eliminate debt!
Equity

7. 88%
Of homebuyers believed buying a home was “the
best decision they ever made"
93%
Of homebuyers said that "their lives have been
happier because of homeownership”.

8. Mailing Address
115 Flanders Road, Suite 120
Westborough, MA 01581
Email Address
corporate.hq@rossmortgageco.com
Phone Number
(508) 986-6100
www.rossmortgagageco.com
Ross Mortgage Company, Inc. NMLS #2084. Equal Housing Lender. Licensed in the following states: MA: Mortgage Lender License #MC2084; NH: Licensed by the NH Banking Department as
Ross Mortgage Company, #8882-MB; ME: Supervised Lender License #2084; RI: Licensed Lender #20051871LL; CT: Mortgage Lender License #18804; FL: Mortgage Lender License #MLD1418