Sarah P. Shimanski offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - DistributeYourArticles (www.DistributeYourArticles.com) has distributed this article on behalf of the author. DistributeYourArticles does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Buying A Home - Should You Buy A Home If You're Single? Author: Sarah P. Shimanski Category: Buying, Personal Finance, Mortgage Word Count: 415 Keywords: buying a home, single homebuyer Author's Email Address: [email protected] Article Source: http://www.distributeyourarticles.com ------------------ ARTICLE START ------------------
If you're like many other single people, you may struggle with the decision to embark on home ownership. After finishing their education, many single individuals actively pursue their careers, postponing any thoughts of buying a home. While the thought of home ownership may cross their minds, many single people figure they'll be married in a few years and address the issue of home ownership then. While this strategy may seem feasible in the beginning, over time many singles discover their marriage plans fail to materialize as anticipated. Yet while these individuals continue to wait for the perfect mate, home prices can drastically increase. If these individuals had purchased a home earlier, they could have taken advantage of a low interest refinance and paid less than renting. Plus they missed out on valuable tax deductions and an opportunity to build a sizable amount of equity. Statistics reveal one out of seven homes in the United States is purchased by a single homeowner. Over half of those single homebuyers are women. If you're a single person renting, don't fall into the same trap many a single renters do. Make buying a home one of your first priorities. If you can't qualify for a property on your income alone, consider creative ownership options such as roommates, co-owning with family and friends, or finding a property with rental units. Let's examine the benefits other single homebuyers have experienced as a result of owning their home: 1) Owning a home is an achievable goal completely within your control. Choosing marriage and starting a family can delay your goals of home ownership. 2) The process of researching home buying, prioritizing a budget, and making sacrifices to accomplish the goal of buying a home instills greater confidence for future endeavors. 3) Owning a home brings terrific tax benefits and an excellent source of rental income should you decide to relocate. 4) After consulting with a mortgage lender or local realtor, many single homeowners were surprised to discover the cost of home ownership wasn't much more than the cost to rent (before tax deductions). 5) Owning a home provides a sense of belonging and a place for your friends to socialize. 6) Home ownership provides a valuable financial experience so you can branch off into other forms of investments such as IRAs and stocks. As a single person, you can reap many benefits from owning a home. Don't make the mistake of delaying home ownership until you get married. Waiting until a future event may prove to be as good as waiting indefinitely. Do you want to buy a home in Orange County? Then check out these Fullerton Realtors at http://localfullertonrealtors.com/2010/05/fullerton-realtors-real-estate-agents/ ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
