4 Financial Benefits of Home Ownership

4 Financial Benefits of Home OwnershipHome ownership may be one of the most familiar goals of adulthood, but there’s more than one reason why so many people flock towards this type of investment and leave the rental market behind. If you’re trying to decide if you should make the big plunge towards buying, here are some benefits of saving up for a down payment and finding the right place to settle in.

It’s More Economical

Many people eschew home ownership simply because it can be hard to wrangle together the funds for a down payment. However, while a monthly rental is money you’ll never see again, the money you put down on a mortgage is being invested back into your home, making for a solid investment you can capitalize on later.

Instant Tax Deductions

The interest that you pay on your mortgage payment can be one of the most tumultuous aspects of purchasing a home, but you may not know that you actually have the ability to deduct many associated costs on your taxes. From origination fees to property taxes, there are plenty of costs that go along with your home that can be claimed for a refund when tax time comes!

Paying A Lower Price

The real estate market fluctuates every day, but one thing is for the certain: the median price of a home is on the rise. While low inflation rates may not be ideal if you’re selling, they can mean a better deal if you’re delving into the market for the first time. Just remember, it’s important to buy a home you can afford as anything that goes beyond your budget is not a solid investment.

A Built-In Savings Account

It may be important to have liquid assets outside of the equity you have in your home, but many people struggle to pay off their home and save money at the same time. While saving outside of your monthly mortgage payment is still important, putting money down on a home is an act of investing, and it’s one you’ll likely make a solid profit on when you decide to sell.

There can be many financial benefits to renting in the short term, but purchasing a home is a more solid financial decision when it comes right down to it. If you’re considering a home and would like to know more about your options, please contact me for more information.

27448 W Wahalla Lane Buckeye, AZ 85396

$496,000
3 Beds
2.5 Baths
2,191 SqFt
Status Active
MLS # 6677525
Property Type Single Family Residence
Price Type --
Enjoy owning this adorable residence situated in Sun City Festival Community! Fall in love with the well-maintained interior featuring wood-look tile flooring, plush carpets, designer paint, a welcoming living room, and an open den ideal for work or play. Desirable great room with entertainment niches promotes an inviting atmosphere. Open-concept kitchen is a chef's dream, complete with recessed & pendant lighting, a walk-in pantry, staggered white cabinets with crown moulding, stainless steel appliances, quartz counters, and a prep island with a breakfast bar. Relaxation awaits in the main bedroom, offering an ensuite with dual sinks and a walk-in closet. Grab your favorite cool drink and unwind under the covered patio in the backyard. Seize the opportunity while it's still available!

20875 W Maiden Lane Buckeye, AZ 85396

$496,000
4 Beds
3 Baths
2,511 SqFt
Status Active
MLS # 6687488
Property Type Single Family Residence
Price Type --
Welcome to your dream Verrado home, perfectly situated amidst picturesque tree-lined streets, parks, pools, and a bustling community center. Be sure to ask about the ASSUMABLE 2.38% loan. This charming abode awaits you on a coveted green belt with an amazing view facing a park! Step inside to discover a culinary haven in the stunning kitchen, complete with granite countertops, an inviting tile backsplash. stainless steel appliances, a gas range, and well appointed cabinets with plenty of storage! The seamless open-concept layout flows effortlessly from the kitchen to the dining and living areas downstairs with 3 a panel slider to the patio! Convenience meets comfort with a downstairs bedroom and a full bathroom, providing versatile living options. Upstairs, a thoughtfully designed split floorplan awaits with an amazing master bedroom sanctuary. Indulge in the opulent ensuite bathroom showcasing a large walk-in shower with a built-in bench seat and rainfall shower for a spa-like retreat. Dual vanity sinks and a generously sized walk-in closet add to the allure of this tranquil haven. Adjacent to the primary suite, discover a spacious loft area, two additional bedrooms, and another full bathroom, offering ample space for family and extra living space. Others items that this home possesses include a natural gas stub outside for grilling or firepit, water softener and RO system, deep sink in garage and stainless deep sink in laundry. Also, items that can convey with the home include a natural gas grill, 2 refrigerators, 1 freezer, household commercial washing machine and gas dryer, and 2 x 55 inch and 1 x 60 inch Smart TVs with full motion wall mounts. Step outside to discover a charming porch overlooking a vast, grassy area, offering a perfect spot for relaxation or social gatherings. There is also extra parking in the back for residents and guests! This exquisite home in Verrado is just steps away from the new Heritage Community Center and School, where you can enjoy community perks like a pool, splash pad, and BBQ area. Embrace the vibrant lifestyle of Verrado with its close proximity to Heritage Elementary, Heritage Swim Park, nearby dog park, walking trails, many other parks and the majestic White Tank Mountains. Take advantage of the community's main street, featuring a variety of restaurants, a coffee shop, grocery stores, and a award winning community center. Enjoy recreational amenities including a golf course, top-rated schools, and the convenience of a new Costco nearby. With easy access to I-10, gas stations, and lodging, this highly desirable area in the West Valley promises an unparalleled lifestyle.

22062 N 34th Lane Phoenix, AZ 85027

$496,000
4 Beds
2 Baths
1,925 SqFt
Status Active
MLS # 6681949
Property Type Single Family Residence
Price Type --
Gorgeous newly remodeled home (04/24) with new floors, baseboard, fans, lights, paint & much more! 3 car garage with storage, soft water, doggie doors & door to outside. Stainless steel appliances convey, including built-in microwave. New, single basin deep sink in kitchen. Both bathrooms have dual sinks. Mature trees w/ great landscaping. Great quiet neighborhood yet close to freeways and major shopping. This is a must see and priced to move.

7439 E Sundance Trail Carefree, AZ 85377

$495,900
2 Beds
2 Baths
1,519 SqFt
Status Active
MLS # 6683874
Property Type Townhouse
Price Type --
ALERT YOUR INVESTORS! A 1519 sq. ft., 2 bedrm/2bathrm unit #504 has a wonderful view patio facing NE from the living room & master bedroom. Built in 1980, this home has a separate kitchen, a great room including the dining room with a kiva fireplace & opens to the NE facing patio. The oversized master bedrm. & bathrm. are ensuite & share the view patio wrapped around from the family room. There is a separate bedrm. & full bathroom for guests. The 2 car garage finishes the townhome. Approximately 17 steps from the garage level to the front door & unit is all on one level once inside.

415 E Fordham Drive Tempe, AZ 85283

$495,900
3 Beds
2 Baths
1,267 SqFt
Status Active
MLS # 6685959
Property Type Single Family Residence
Price Type --
WHAT A GREAT LOCATION AND PROPERTY WITHIN WALKING DISTANCE TO KIWANIS PARK. CHARM FROM CURBSIDE TO BACKYARD THAT BOASTS A SPARKLING PEBBLE-TECH POOL, LARGE COVERED PATIO, GARDEN, AND PLENTY OF GRASS AND MATURE TREES. INSIDE W/ TILE PLANK FLOORING EVERYWHERE EXCEPT BEDROOMS. NEUTRAL PAINT, UPDATED BATHS AND KITCHEN WITH SLAB GRANITE COUNTERS. LIVING ROOM W/ COZY GAS FIREPLACE. DUAL PANE WINDOWS T/O. ALL THIS AND A 2021 NEW ROOF AND HVAC SYSTEM! IT DOESN'T GET ANY BETTER THAN THIS.

39550 N Kaden Lane San Tan Valley, AZ 85140

$495,433
2 Beds
2.5 Baths
1,811 SqFt
Status Active
MLS # 6688925
Property Type Single Family Residence
Price Type --
Up to 2% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6688925 April/May Completion! In the vibrant 55+ community, Ovation at Meridian, discover the Sedona—a breathtaking single-story residence boasting 2 bedrooms, a flexible room, and expansive outdoor space. The foyer unveils a versatile flex room and a second suite. Transform the flex room into a formal dining area for entertaining. Enjoy seamless hosting in the open great room and kitchen. The private owner's suite offers an ensuite bath with double sinks, a walk-in shower, and a spacious walk-in closet. Structural options include: paver front porch, 12' x 8' sliding glass door, garage service door, alternate shower at owner's bath, soft water loop, gas line for future outdoor kitchen and complete reverse osmosis system.

16241 W Soft Wind Drive Surprise, AZ 85387

$495,095
3 Beds
3 Baths
2,501 SqFt
Status Active
MLS # 6620815
Property Type Single Family Residence
Price Type --
MOVE IN READY. Beautiful ESCALANTE Community, SILVERSMITH Plan, 3 bedroom, Open Study, 3 Baths, 2 Car Garage, 9 Foot Ceilings On Both Floors, 8 Foot Interior Doors, Gourmet Kitchen, UPGRADED FLOORING, CABINETS And COUNTERTOPS, 2 Inch Pearl White Blinds, Ceiling Fans In All Rooms. Energy Star Qualified Home, Indoor Air Plus, Buyer May Still Select Appliances, 8 Foot Tall Garage Door, Located A Short Distance From The Community Pool Area, Picnic Area, Tot Lots, Basketball, Pickle Ball Courts And So Much More. This Home Is MOVE IN READY, $1,750 Front Landscape Credit, Schools And New Shopping Center Nearby. Full Builder Warranty. QUICK CLOSE.

4462 S 127th Lane Avondale, AZ 85323

$495,016
3 Beds
2.5 Baths
2,308 SqFt
Status Active
MLS # 6674711
Property Type Single Family Residence
Price Type --
QUICK MOVE-IN HOME!! The Camelback is a stunning two-story home with 3 bedrooms, 2.5 bathrooms, and plenty of room to entertain friends or family! The beautiful kitchen features White Linen cabinets with Quartz countertops. This spacious area offers an oversized island, walk-in pantry, and a water filtration system. It also comes with stainless steel appliances to make cooking easier than ever before - all in one beautiful space. This home features 12X24 Tile in ALL the right places! The luxurious Camelback bedrooms and bathrooms are perfect for those who want to feel pampered. The Owner's Bedroom has an incredible view of the backyard and is close to the upstairs loft! The Owners Bath has an oversized walk-in shower! This home has NO neighbor behind!!

26580 E Tarantula Trail Camp Verde, AZ 86322

$495,000
2 Beds
2 Baths
1,165 SqFt
Status Active
MLS # 6682563
Property Type Single Family Residence
Price Type --
You are going to LOVE IT here. Call it home or make it the perfect Air B&B! This home has so much character, EPIC views & sits on 3 acres creating your own private, hillside getaway. The views are spectacular. A great entryway leads to a kitchen like you have never seen. High end appliances include 5 burner gas stove, built-in hutch & large Frig with bottom freezer. Add a kitchen island or table, there is plenty of room. BUILT WITH LOVE & attention to detail. Hand hewn beams, walls & ceilings are highlights but don't overshadow stone detail. This home tells a story, like the bowling alley floor made beautiful counters or the brands & carvings hidden in so many places like hidden treasures. Living room boasts a beautiful stone fireplace & wood beam ceilings & a ceiling fan with.... tooled leather accent. A fantastic use of space with 1 bed/bath on the main floor & a unique spiral staircase leading to the downstairs bed/bath (lower floor could have a separate entrance through the storage/shop area. Radiant heat & 2-40 gallon water heaters. Small things/finish work is needed but what needs to be done is handyman work. Easy access just off of the I17. There is so much to see & do: Hiking at General Crooks Trail, Cliff Castle Casino, Out of Africa, Museums & Ruins, Montezuma's Castle, Jeep Tours Verde Vally Railroad, Verde River Tours, Jeep Tours & so many Wineries! This town is rich in history & growing fast.

235 N 156 Drive Goodyear, AZ 85338

$495,000
4 Beds
3 Baths
2,040 SqFt
Status Active
MLS # 6602375
Property Type Single Family Residence
Price Type --
Investors Only. Home is leased until February of 2025. One of the standout features of this home is the beautifully landscaped backyard, providing a peaceful oasis for relaxation or outdoor gatherings. Whether you're hosting a barbecue or simply enjoying a quiet evening under the stars, this backyard is sure to become your personal sanctuary. This home also comes complete with all the appliances you need - refrigerator, washer, and dryer are included, making your move-in experience effortless and stress-free. Location-wise, this property has it all! Situated just minutes away from the I-10 highway and the Goodyear airport, it offers easy access for both work and travel. Golf enthusiasts will appreciate the proximity to several renowned golf courses, while movie buffs can enjoy the convenience of a nearby theater. For all your shopping needs, a variety of retail centers are just a short drive away. Additionally, this neighborhood is in close proximity to the City of Hope cancer center, providing peace of mind and support for those in need. Nature enthusiasts will love the abundance of hiking trails and outdoor activities available in the surrounding area. Don't miss out on the opportunity to make this extraordinary house your new home. It offers a delightful blend of modern amenities, a convenient location, and a welcoming community. Contact your favorite agent today for a private tour and experience the magic of this property for yourself!

42710 W Us 60 Highway Morristown, AZ 85342

$495,000
1 Bed
1 Bath
458 SqFt
Status Active
MLS # 6656941
Property Type Manufactured Home
Price Type --
Amazing views for miles and miles! Come and live your dreams at this wonderful New Horse Ranch, one bedroom, one bath tiny house on 3.5 acres. 5 covered horse pens, and five pastures. RV hook up and plenty of room for your dreams. Stackable laundry inside.

42276 W Chisholm Drive Maricopa, AZ 85138

$495,000
3 Beds
2 Baths
2,311 SqFt
Status Active
MLS # 6609956
Property Type Single Family Residence
Price Type --
This golf course home with a private pool could be yours! This 3-bed, 2-bath residence offers modern comfort. A 2-car garage and low-maintenance desert landscape frame the front porch. Inside, a welcoming living room leads to a great room with vaulted ceilings, plantation shutters, wood-look and tile flooring, and backyard access. The kitchen features granite counters, stylish cabinets, a mosaic tile backsplash, stainless steel appliances, a walk-in pantry, and a breakfast bar island. A versatile den adds flexibility. The main bedroom includes plush carpeting, a walk-in closet, and an ensuite with dual sinks. Outdoors, enjoy a covered patio, a pool, and a stunning golf course view. Don't miss out—make it yours today!