There are many reasons I chose real estate as a career path, most importantly that I want to prepare families to have all the necessary tools to buy and sell a home smoothly. I help families find and enjoy a place that gives them that same feeling and security that I found. I pride myself on being a problem solver, being quick to deliver and respond, and I go above and beyond what's expected. In real estate, communication is key. With over 12 years of Business Management and customer service dedication, my priority is to fully understand my client's needs so I can tailor my services to match their personal goals. I cannot wait to do that for you because memories are priceless.
In this episode we explore the benefits of becoming a homeowner. There are several benefits to owning a home my favorite is emotionally having a place you can truly call yours. A family home becomes an anchor to the unit and gives all its members a sense of security. Having the freedom to make changes inside and out and not having to answer to anyone but yourself. In today’s Northern Virginia market, it usually cost less to own than to rent and the payment you make every month is contributing to your personal net worth. Your net worth will grow in two ways, one is appreciation of your home's increased value over time. The second is mortgage tax deductions because home ownership is a great tax shelter and tax rates always favor homeowners. Another benefit of home ownership if done responsibly is that you can leverage a home to accomplish things such as remodels, college education or small business startups.
The icing on the cake is that when you purchase a home you are no longer paying for someone else's mortgage and therefore you are leveraging your home to create legacy wealth. Legacy wealth is accompanied with knowledge. When parents own a home, it is almost inherent that their children will too. If you come from a family of renters, it is what you believe to be the normal succession to life, therefore there are no conversations about homeownership and what you need to acquire a home of your own.
It's important for me to help you gain knowledge about the different resources available for first time home buyers. Programs that give down payment assistance and income-based assistance too. Another factor that is extremely important in order to own a home is your credit. This little number should be monitored and protected. Paying bills on time and not overextending ourselves with debt are the building blocks to a healthy credit score.
I usually refer to home ownership as a process because there are steps needed to accomplish the goal of owning your own home. Do not allow uncertainty or fear stop you from sitting down with me for an in-depth conversation about what you need in order to get to that finish line. Knowing when you are ready to make the leap and buy your first home is not easy if you don’t have a well-structured plan. I want to reassure you that I will be your guide through it all and together we will learn and break down any barriers that may present because owning a home is a life changing opportunity. In the coming years home buyer’s demographics will change in Northern Virginia, education is key to making home ownership a reality.
Next time I will be exploring the very popular question… Am I ready for home ownership?
Book a consultation with me today! Let's get started.
If you want tips in between episodes follow me on Instagram @sohamymarquina. If you are ready to take action and become a homeowner visit www.sohamymarquina.com or email me at [email protected]
Thank you for tuning in and listening!