If you are going to buy own house first time it is really great feeling. Your friends, family member advice you and encourage you buying home. Because buying home is something that you cannot deny. You secure your future life, as well as make reasonable investment. You get relax because you don’t need to pay your monthly expenses when you rent a house. You can do anything in your house, paint your house in any color, modify or reconstruct your house again. Decorate house on your own wish.
Here are some important reasons that why you should buy a townhouse for sale in Dubai.
Great feeling of ownership:
Buying own house is something great feeling that nobody can deny. You can do whatever you want to do in house. It makes you feel happy and satisfy. You get security and sense of stability. You can modify or decorate your house according to your desire. You can turn up music, can attach the permanent fixtures.
As a homeowner you have to face mortgage interest deductions that can overshadow your pride ownership. However the mortgage deductions are smaller than the value of your home but it is fully deductible when you are going to submit your tax return.
Can apply for loans:
If you plan to get loan from banks then you should have your own house. Banks are restricted and do not have authority to give loans to those persons who do not have their own house. But if you have a house you can apply for loan in any bank and can obtain loan from these banks.
As a homeowner it helps you build capital gains. Because property is something they don’t depreciate, it always appreciates and increases the value of your house, which is ultimately very good investment in for future. You can sell it in future and can earn more profit.
It is cheaper than renting home:
Buying home is always cheaper than renting, because you have to bear several expenses when you rent home. You have to pay monthly rent as well as electricity and gas expenses. You have to arrange advance payments for renting home. But buying a studio apartment for sale in Dubai is always good choice for you. You don’t need to pay any house rent, this amount you can save and can invest in your business.