SW Missouri Real Estate News

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Ten Great Reasons To Buy A Home In Springfield Missouri

Ten Great Reasons To Buy A Home In Springfield Missouri! Springfield Missouri

1. Quality of life – a home provides more stability and security for you and your loved ones.

2. Pride of home ownership – it’s your personal haven and you’re your own landlord.

3. Historically low interest rates – around 5.25% in Missouri

4. Tax Credits – U.S. government provides a special $8,000 incentive for qualifying first-time buyers and $6500 for homeowners in their current home for five years.

5. Appreciation potential – Buy while homes are affordable and your home investment can grow in value.

6. Equity buildup and debt pay down – homeowners enjoy a much higher net worth than renters.

7. Leverage – where else can you buy an investment of this magnitude with relatively little money down?

8. Tax deduction advantages – property tax and mortgage interest write-offs

9. Tax exemption – up to $500,000 per couple or $250,000 per person on sale of a primary residence in the United States

10. The real cost of renting – at $800 per month, with the average
6 percent rental increase per year, you will pay $126,536 over a 10-year period but have zero ownership of the property.

$8,000 Tax Credit For First Time Homeowners

Don't Forget To Check Out The Neighborhood

Homebuying Checklist

About The Authors:  Betty Knowles is a full-time REALTOR® with Southwest Missouri Realty in Springfield, MO She also served as President of Women’s Council Of REALTORS® in Southwest Missouri.  Betty’s genuine passion is helping people buy and sell homes in Springfield, Ozark, Nixa, and surrounding communities.  

John Knowles is likewise a REALTOR® with Southwest Missouri Realty and a member of the Greater Springfield Board of REALTORS®.  John is also a FAA part 107 certified drone pilot to get those amazing shots and videos of our properties! 

 

Together this dynamic team makes up TeamKnowles REALTORS®, Spouses Selling Houses!  They are dedicated to doing what it takes to sell your home in the greater Springfield real estate market, or help you purchase a home that fits your particular needs. Give TeamKnowles a call today; you’ll be glad you did!

 

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www.teamknowles.com 

Coldwell Banker Vanguard REALTORS Springfield MissouriSouthwest Missouri Realty

                           Office 417-582-2200

Comment balloon 4 commentsBetty Knowles • January 19 2010 09:04PM

Comments

#11 should be to be closer to the Mecca; Arrowhead Stadium.  Go Chiefs!!!!!!

Posted by Jason Howe (Prudential Bob Yost Homesale Services) over 9 years ago

Ugh number 10 puts a lump in your throat.  Good post.

Posted by Trisha P Realty Group, "Holding the Keys to Your Dream Home" (Realty Executives) over 9 years ago

That is a great list! :) Too bad I m so far away!

Posted by BethAnn Long, Realtor, CRS, e-PRO, Spokane Wa Real Estate (RE/MAX Inland Empire) over 9 years ago

Jason, we are big Chiefs fans! I see a glimmer of hope after this season!

Trisha, I know. Renting doesn't get you anywhere.

BethAnn, we love Missouri. Its a great place to live and affordable too.

Posted by Betty Knowles, TeamKnowles REALTORS® - Springfield MO Real Estate (Southwest Missouri Realty - www.teamknowles.com) over 9 years ago

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