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Home Ownership Advantages
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Buy or rent? That is the dilemma facing many potential homeowners today. It seems that buying a home is more costly - and time demanding - than renting a home. However, if you can comfortably afford to do so, and you have plans to stay at your location for a while, buying a home has significant advantages.

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Financially, owning a home is often promoted as a better choice than renting. Currently, there are significant federal and state tax breaks: homeowners can claim deductions for real estate property taxes and for the interest paid on their mortgage each year. In addition, long-term homeowners build equity both by paying down their mortgage and when their home appreciates in value. Many savvy homebuyers increase their equity more quickly by buying homes that need cosmetic improvements (such as decorating) rather than structural renovation (walls need moving). These minor improvements can significantly increase the value of a home over a relatively short period of time with a modest investment.
However, there are times when renting a home is the more sound choice to make. For example, if you are only going to be at your place for a couple of years, it makes no sense to buy the home, as this would be the more expensive endeavor. If you buy or sell in a short period of time, you may actually lose equity.
Also, renting makes good sense if you've identified the general area in which you want to live but haven't made a final decision as to the specific neighborhood. If you don't know whether you'll feel comfortable in a particular neighborhood, it may be better to rent a house or an apartment there for 6 months or a year, to get more comfortable with it.
The ongoing costs of home ownership. Maintenance, improvements, taxes and insurance are all costs that are added to a monthly house payment. If you buy a condominium, townhouse or in certain communities, a monthly homeowner's association fee might be required. If these additional costs are a concern, you can make choices to lower or avoid these fees. Be sure to make your realtor and your lender aware of your desire to limit these costs. |
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SELLERS! Receive a free Comparative Market Analysis of your home. If you're planning to sell your home in the next few months, this FREE service is designed to help establish your home's current market value. Simply choose Home Evaluation and fill out the requested information. I will use comparable sold listings in your area to assist you in determining the correct price for your home before you speak with any real estate agents.
BUYERS! Home buyers receive a free credit consultation along with a copy of your credit report. Automatically receive personalized MLS listings by e-mail. Early each morning I will search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information!! Simply choose Auto Home Search and fill in the requested information.
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Specialization I specialize in representing my clients in the purchases and sales of single-family residences and income property within the cities of Chicago, Richton Park, University Park, South Holland, Country Club Hills, Hazel Crest, Riverdale, Tinley Park and numerous suburbs surrounding the Chicago area. I constantly research the market and property values so your home is priced effectively from day one. I keep current of all transactions in these areas, and I'm also very knowledgeable with the local schools.
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Reginald D Avent, Realtor
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Your Realtor For Illinois and Surrounding Suburbs
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For Sale By Owners, List Your Home on this site 773-465-1016
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The Avent Group Real Estate
Call 773-465-1016 An Informed Buyer Makes The Best Decisions
Currently showing 2 & 3 Flat income properties

Invest In Your Future!
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Listings in Illinois and Surrounding Suburbs
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Advanced Home Search (Have Listings Emailed To You)
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Find a Real Estate Professional You Can Trust
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When you are buying or selling property in today’s real estate market, it’s important to have confidence in your real estate professional. I have been a member of the National Association of Realtor’s for over 8 years and I am committed to providing my clients with the specialized real estate services they have become accustomed to. Over the years I have found that if you are an informed buyer or seller, you’ll make the best decisions regarding what some consider to be the most important purchase or sale in their lifetime. That’s why my goal is to keep you informed on trends in the marketplace using the latest cutting edge technology and statistics in your local area. My investigation skills are phenomenal, and many people wouldn’t believe the amount of information that can be obtained from just one simple address. (what the home originally sold for, what improvements if any , have been made, tax records, crime statistics, outstanding liens on the property, etc.) I would never encourage a client to purchase a Property that I would not purchase for myself , either to live in or as an investment in the community. I have worked with many clients who live outside of IL., including men and women in the military, who plan on moving or have recently moved to Illinois. If you are considering buying or selling a home or would just like to have additional information about real estate in a certain area, please don’t hesitate to call or e-mail me.
Thank you for visiting my website - please consider it as your online source for local real estate information, and return often for the latest property listing updates.
Reginald D Avent, Realtor
Request your Credit Report by Phone:Call 1-877-322-8228 You will go through a simple verificarion process over the phone or log-on to Annualcreditreport.com
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IF You Buy Or Sell Foreclosures, We Need To Talk 773-465-1016
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