Buying a Home

Why Buy a Home in Central Indiana

There are many reason why you should invest in a Central Indiana home. Here are just a few.

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, as well as some of the costs involved in buying your home.
2. 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 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®. In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.
3. 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.
4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.
5. Predictability. Unlike rent, your mortgage payments don’t go up over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will rise.
6. Freedom. The home is yours. You can decorate any way you want and be able to benefit from your investment for as long as you own the home.
7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.
8. Real Cost of Renting. At $1200 per month, with the average 3 percent rental increase per year, you will pay $165,080 over a 10-year period, but have zero ownership in the property.

Why Buy a Home with Kammeyer Realty Group of Fishers Indiana

A licensed real estate professional provides much more than the service of helping you find your ideal Indiana home. Realtors are expert negotiators with other agents, seasoned financial advisors with customers, and superb navigators around the local neighborhood.

Kammeyer Realty Group will provide an exceptional experience with integrity and honesty from the moment we meet. Our reputation is what makes us referable. We want you to tell your friends, neighbors, and coworkers about our first-class service.