Finding the calm in buying a home infographic.

Finding the Calm in Buying a Home

January 23, 2019

Buying a home is usually the largest single investment that any of us will ever make. Which is why deciding whether or not—and when—to buy a home can leave you feeling anything but calm. There is something that can offer peace of mind before, during and long after you buy a home. Owner’s title insurance protects your ownership rights as long you or your heirs have an interest in the home. With that piece of security in hand, 2019 may just be the year to pull the trigger and buy your first home—or upgrade to something larger.

Earn Money
With the security of your owner’s title insurance, you can earn money on your biggest investment without fear of financial loss related to your homeownership. Many homeowners are exempt from paying taxes when selling their primary residence, and earn the appreciation from the entire home’s value rather than just the down payment.

Budget Friendly
Unlike renters who potentially face hikes in their monthly rent, homeowners with a fixed rate mortgage benefit from a steady payment creating stability within your budget. Owners have property taxes while renters do not, and though it can rise as the home appreciates, that fee is tax deductible and your well-protected investment is a tax benefit, as well.

Great Investment
With every loan payment made on your home, the equity grows and your investment becomes even more valuable. And with your owner’s title insurance secured, your ownership interest is protected and can even be passed on to your heirs.

Whether you are looking to infuse some mid-century modern features into the living space or get creative with the wall colors, when you buy your own home you have the freedom to do as you please with each space. There is no limit to your ability to make your home your own, all without having to seek permission from the landlord. Plus, with your owner’s title insurance policy in hand, there’s no fear that your ownership will be threatened.

Whether or not 2019 is the year to buy a home, know that your owner’s title insurance can give you the peace of mind to know that your forever home will be just that.  Ready to get started with Ohio Real Title Agency? Contact us today.