BUYING A HOME IS MORE
ATTAINABLE THAN YOU THINK
The decision to buy a home versus rent isn’t just about numbers — it’s about building a foundation for your future. Despite some beliefs, homeownership is often more achievable than it appears. Although renting might seem like an easier choice, it usually lacks the long-term financial advantages that come with owning a home.
Texas’ diverse and robust housing market, along with affordable home options and programs, makes homeownership an attainable and worthwhile investment. With Empire Communities, you can explore homes in prime locations and diverse communities, catering to various lifestyles and budgets.
LET’S GET IN TOUCH
The Financial Benefits of Homeownership No One Told You About
Owning a home isn’t just a dream; it’s a wise financial decision that can pave the way for long-term success. Here’s how buying a home can help you build wealth: The Financial Benefits of Homeownership No One Told You About
Investing in Your Own Mortgage
When you rent, your payments are helping to pay someone else’s mortgage. By owning a home, you can invest in your own mortgage, building equity and securing a stronger financial future for yourself.
Building Wealth Through Amortization
The process of amortization lets you steadily pay off your mortgage, reducing your loan balance and increasing your equity with each payment. This growing equity means more of your money is going toward building your own wealth, rather than someone else’s.
Leveraging Your Investment
Homeownership lets you transform a modest down payment into a valuable, tangible asset. By leveraging your initial investment, you control a property that can significantly increase in value, offering substantial returns over time.
Tax Benefits
Owning a home offers valuable tax benefits. You can deduct mortgage interest and property taxes, reducing your taxable income. Plus, if you sell your home after living in it for two years, you may enjoy tax-free profits, enhancing your investment’s value.
Long-Term Appreciation
Real estate tends to appreciate over the long term, making homeownership a wise investment. As your property value rises, so does your net worth, helping you build wealth steadily over time.
Is Homeownership
Out of Reach?
Despite common misconceptions, homeownership is more within reach and advantageous than it may seem. By purchasing a home, you can turn a modest initial investment into substantial long-term wealth through leverage.
For example, if you buy a home for $350,000 and put down 5%, that’s just a $17,500 investment. By working with a preferred lender, you can finance the remaining 95% of the purchase price and keep all the profits when you sell.
If your home appreciates at an average rate of 5% per year, its value could increase significantly over ten years. This growth could turn your initial investment into a substantial return—more than 10 times your original investment—just by consistently making your house payments.
Mortgage Affordability Calculator
Understanding what you can afford is the first step in your home-buying journey. Our mortgage and budget calculator help you estimate monthly payments and budget effectively. By adjusting home prices, down payments, and interest rates, you can explore different scenarios and find the best fit for your financial goals.
Connect with Our Mortgage Specialist
Need help navigating your home financing options?
Talk to Benny Solis, our Mortgage Specialist, who can assist with pre-qualification and answer any questions you have about financing.
Contact Details:
Name: Benny Solis, Sales Leader
NMLS: #743526
Email: bsolis@sfmc.com
Website: sfmc.com
Address: 5408 W. Plano Pkwy, Plano, TX 75093
Empire Named GHBA
Builder of the Year
We’re pleased to announce Empire’s recognition as Volume Builder of the Year by the Greater Houston Builders Association.
WHAT OUR HOMEOWNERS
ARE SAYING
“Home ownership after purchasing with Empire has been so smooth and great thanks to Whitney Camacho. She’s always so punctual and helpful in getting our warranty issues addressed. Very pleasant to work with.”
NATHANIEL M
Empire Coastal Point
May
WHAT OUR HOMEOWNERS
ARE SAYING
“We recently signed a contract at Parmer Ranch with Empire Communities. Diane, is the best sales counselor we have ever met. She is very patient and knowledgeable. In these typical situations if you want a stress free buying experience, reach out to them.”
CHAKRADHAR Y.
Empire Parmer Ranch, Georgetown
January
WHAT OUR HOMEOWNERS
ARE SAYING
“Amazing experience and customer service from Edwina and Robert (builder). They got our family in our home in a an expedited manner and supported our needs throughout the process! Can’t thank them enough!”
Damion.
Empire Lakeside at Lake Georgetown, Georgetown
October
WHAT OUR HOMEOWNERS
ARE SAYING
“Best quality builder and Diane Hartman – she is outstanding and informative. I’m so thankful to Diane for everything, without her support there is no way I fulfill my dream. ”
SANEEP M.
Empire Black Hawk Ranch, Pflugerville
June
WHAT OUR HOMEOWNERS
ARE SAYING
“I love Dellrose! Beautiful homes, spacious and well built. Community events are free and great fun for all the family.”
HANNAH M.
Empire Dellrose, Hockley
June