Wilmington North Carolina Real Estate

How Wilmington Real Estate Benefits You!

November 30th, 1999 Posted in Construction, Education, Finance, General Topics, Inspection/Repairs, New Listings, Testimonials, Uncategorized, Upcoming Events

A combination of the wide range of homes in Wilmington’s real estate market and the $8,000 tax credit to homebuyers make this a favorable time to invest.  If these two reasons are not enough to spark your interest in finding the perfect place to call home, here are some more reasons why you should own your own home:

  • Tax Breaks - The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.
  • Appreciation - Real estate has long-term, stable growth in value.  While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5% each year from 1972 through 2005, and increased 88.5 percent over the last 10 years (National Association of Realtors).
  • Equity - Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

These are just a few more of the benefits you can take advantage of when purchasing a home in the Wilmington real estate market.  I look forward to helping you through the real estate process as you find the perfect home to call your own.  Please call me, Gary, a call at (910) 620.8838 to start your exciting home buying experience.

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