Let’s get the obvious out of the way first – buying a home is a big decision, one that you might even fear that you’ll never be fully prepared for. That, however, does not change the fact that buying a home could be one of the best decisions that you ever make, not to mention – now (Jan. 2015) is arguably one of the best times to buy a home! It’s important to take action while the timing is right. Though the idea of purchasing a house can seem intimidating, the key is to keep a clear mind and obtain the facts. Having the right answers and information can help make the process of buying a home far more comfortable and enjoyable. In fact, the first thing that I do when I meet people looking to buy a home in Oxford, MS is put them at ease and tell them to rest assured that the process isn’t supposed to be scary and that I will be with them every step of the way.

If you’re here reading this, you may be considering purchasing a home. To that, I say congrats! Home ownership is exciting!

When showing the homes for sale in Oxford MS, here are 5 specific advantages I will often share with my clients:

1. When you buy a home, the property is yours. You have more flexibility like (as long as it doesn’t violate code, ordinances, or any covenants) being able to paint the walls, attach permanent fixtures, make changes to the construction and decorate the house according to your taste. You don’t have to worry about getting in trouble with a landlord or losing a security deposit over simply trying to make your living space into a “home.” You are free to have pets (unless protective covenants state otherwise), without having to worry about a part of your family losing its home because your landlord changed his or her pet policy. You also know that all maintenance, like pest control, is being done properly and on time (since you will now be the one ordering it) giving you extra control and comfort knowing your home is safe, clean, and secure.
2. Buying a house means that you are making an investment toward yourself. No one knows how the market will be tomorrow, but one thing is for certain: rent only puts money in the landlord’s pocket!
3. When buying a home, most buyers are typically financed on a fixed-rate mortgage. This means that you know what you will be paying for the years to come, until the house is paid off, and can begin making more long-term plans for the future. When you rent a residential property, the rates are not stable. Your rent can change from year to year, and, if anything, rents seem to only increase over time.
4. It seems to be easier for homeowners to secure a loan or obtain a line of credit. When you own a home with enough equity, you have equitable resources that potentially offer you more leverage and borrowing power
5. There are great tax advantages to owning your own home. Since I’m not an accountant I can’t speak on it and would encourage you to ask an accountant about the tax savings that you can expect from owning a home. However, if you qualify, the government does offer incentives for purchasing your own home as well!

Clearly, there is a wide range of advantages to owning your own home. Of course, you want to make sure it is right for you financially and with where you are in life before you make any large purchase; but it’s never too early to reach out with a question or even just to see what’s available.

If you are considering purchasing real estate in Oxford, MS, please take a second to set up your completely free account on this website. Creating an account will allow you to filter and search through all the Oxford MS real estate listings available on the market. There is a lot to see, and this will give you a great idea of the types of homes that are available for sale, along with their price ranges and the different parts of Oxford where they are located. Lastly, please touch base as soon as you have a question or need more information – that’s what I’m here for! I’m here to make the process of buying a home easy and enjoyable for you!