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Some of the important issues to be considered before you embark on the road to Buying a Columbus, Ohio home include defining your reasons for buying, estimating the time you plan on staying in the home, your overall financial situation, and the state of the current real estate market.
Why Do You Want to Buy?
In-depth consideration of your needs, objectives and goals is quite important. Writing down your thoughts often helps with defining your true reasons for buying property. In addition, two very practical lists to create are: “Needs in My Next Home” and “Desires for My Next Home.”
Has Your Income Grown?
If so, then purchasing real estate might be a great idea from the standpoint of income, tax and business incentives. In other words, owning your home versus renting allows you to build equity for the future and can mean welcome tax benefits.