Why Rent in Tampa, Florida When You Can Buy?
Many people have yet to take full advantage of the buyer’s real estate market that still exists today in Tampa, Florida. While renting seems to be an easy option for many individuals, the benefits of home ownership far outweigh the benefits of renting. Drastically reduced home prices combined with historically low interest rates make this a fantastic time to buy. Take a moment to consider the real estate facts. When renting a home, every monthly payment is going to pay off your landlord’s mortgage. Not one dime is going into paying off anything for you. By making the sound investment decision, every time you make that monthly payment, you are making an investment in your own future. Not only does mortgage debt get reduced, but your credit worthiness is increased which is an absolute must in today’s credit driven society. Additionally, homeowners enjoy tax benefits such as property tax deductions when their taxes are filed. Renters receive no benefits from a tax standpoint whatsoever.