Monday, March 22, 2010

Benefits of Home Ownership

Homeownership in Hoboken, NJ can bring with it many blessings. Yet, the idea of caring for and maintaining a home, as well as affording a mortgage can seem daunting, but let's review some of the many reasons that homeownership can be beneficial.

The most obvious benefit is building wealth. The U.S. Department of Housing and Urban Development (HUD) notes that home equity is the largest single source of household wealth for most Americans.

What is home equity? Home equity is the difference between the home's fair market value and the outstanding balance of all liens on the property. Let's say you have a balance of $100,000 left on your home's mortgage, but the property appraises for $150,000. You now have $50,000 worth of home equity.

And let's not forget about appreciation. While there is no set year-to-year rate that is considered normal, reports indicate that you can expect around a 6.5 percent average value increase in your home each year.

The National Homeownership Strategy cites that through homeownership, a family invests in an asset that can grow in value and generate financial security. This is what sets homeowners apart from renters.


  1. May I ask you a question?
    I've just made an offer for a property through one agent and the offer was rejected by the developer (there is a counter offer). However, I decided that I would like to hire another agent to help me to purchase the house due to some issues we had with our current agent. Is it possible for me to make another offer to the same property through another agent? Is there any limitation such as the offer I make now can not be lowered than the offer I made a week ago through another agent? will greatly appreciate your advise. Thank you! Li

  2. Reality legend in addition to designer label was first on
    her behalf method from your fitness throughout Rest
    of the world The movies. Antique-finished replica handbags are
    also available for the aesthetically inclined.

    My webpage miumiu バッグ

  3. We're a gaggle of volunteers and opening a new scheme in our community. Your website offered us with useful information to work on. You have done a formidable job and our entire neighborhood might be grateful to you.

    Feel free to surf to my homepage :: ロレックスコピー

  4. This paragraph will help the internet visitors for setting up new web site or even a
    weblog from start to end.

    Have a look at my web site: ロレックスレプリカ

  5. 彼女の夏織ストラップトートがあなたはたったの$ 36オフにノック購入することができます00

    Also visit my website :: アウトレット バーバリー

  6. パスワード 'データベースの管理者パスワード

    my webpage - バーバリー ネクタイ

  7. あなたはUrbandilloバッグや毛布のアイデアを愛するならばこの2011年秋そのデビューをするであろう男性と女性の両方のためのアウターウェアの新ラインのために外を見る

    My website ... セール バーバリー

  8. Urbandilloラインが特徴特許取得済みの "縮小と移動" "シュリ - NX '"適切な名前の技術はそれがそれら外出先で多忙なファッショニスタのための完璧な旅の道連れや小物作りバッグは文字通り自体に畳むことができます

    my web-site ... バーバリー メンズ

  9. You can also recharge the electrical battery with the help of a energize
    adapter. The ipod shuffle is exact same as
    the common range of iPod. Its insular nature shields us in public with a bunch of our favorite musical!

    Since then Jordan shoes have really developed.

  10. This post will assist the internet visitors for creating new weblog
    or even a weblog from start to end.

    my web page nike air max

  11. Magnificent goods from you, man. I've be aware your stuff previous to and you're simply extremely excellent.
    I actually like what you've received here, certainly like what you're stating and the best way through which you
    say it. You're making it entertaining and you still care for to stay it smart. I cant wait to learn much more from you. This is really a tremendous site.

    Also visit my web site: クリスチャンルブタン靴

  12. What's up all, here every one is sharing these knowledge, thus it's pleasant to read this website, and
    I used to pay a quick visit this website every day.

    Here is my weblog; chloe 財布

  13. you are in point of fact a excellent webmaster.
    The site loading pace is incredible. It kind of feels that you're doing any unique trick. Furthermore, The contents are masterpiece. you've done a excellent
    activity in this subject!

    My homepage ::

  14. We stumbled over here coming from a different web page and thought I might as well check things out.
    I like what I see so now i am following you. Look forward to going over your
    web page for a second time.

    Look at my weblog - acoustic guitar a chord

  15. 保護を維持する維持私たちの目のうち、過酷な明白な太陽発電。の留意に目を維持検討何をを求めているで、何web

    Here is my web blog オークリー

  16. Does your blog have a contact page? I'm having trouble locating it but, I'd like to shoot you an e-mail.
    I've got some ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it expand over time.

    Feel free to visit my page ...

  17. I am curious to find out what blog system you are working with?

    I'm having some small security problems with my latest website and I would like to find something more safeguarded. Do you have any recommendations?

    Feel free to visit my web-site :: モンスターケーブル

  18. Hi there, the whole thing is going perfectly here and
    ofcourse every one is sharing data, that's actually fine, keep up writing.

    Feel free to visit my page :: Christian Louboutin Pumps

  19. Hello everyone, it's my first pay a quick visit at this web site, and article is actually fruitful designed for me, keep up posting these posts.

    Here is my web-site; コーチ

  20. Oh my goodness! Awesome article dude! Many thanks, However I am having difficulties with your RSS.

    I don't know why I am unable to subscribe to it. Is there anybody having identical RSS problems? Anybody who knows the solution will you kindly respond? Thanks!!

    my web blog :: chloe 財布

  21. Way cool! Some very valid points! I appreciate you writing this article and the rest of the website is extremely good.

    my blog post ::

  22. If you want to grow your experience only keep visiting this website and be updated with the
    hottest news posted here.

    Also visit my web site ジョーダン 靴

  23. Hi there! I could have sworn I've been to this website before but after checking through some of the post I realized it's new to me.
    Anyways, I'm definitely delighted I found it and I'll be book-marking and checking back frequently!

    Here is my webpage

  24. Every weekend i used to go to see this web page, because
    i want enjoyment, as this this website conations really pleasant funny stuff

    Feel free to visit my web-site: ルブタン

  25. Hi there friends, nice piece of writing and good arguments commented at this place, I am in fact enjoying by these.

    Here is my weblog; トリーバーチ通販

  26. Hi, i think that i saw you visited my weblog so i got here to return the favor?

    .I am trying to find things to improve my website!
    I suppose its ok to make use of some of your concepts!!

    Feel free to visit my webpage: monster ヘッドホン

  27. I absolutely love your website.. Excellent colors
    & theme. Did you develop this site yourself?
    Please reply back as I'm wanting to create my own site and would like to find out where you got this from or exactly what the theme is named. Cheers!

    Here is my blog ...

  28. Good day! I could have sworn I've visited this blog before but after going through a few of the articles I realized it's new to me.
    Regardless, I'm definitely delighted I discovered it and I'll
    be bookmarking it and checking back regularly!

    my website ... トリーバーチ

  29. Hello there, just became alert to your blog through Google,
    and found that it is truly informative. I am going to watch out for brussels.

    I'll be grateful if you continue this in future. Many people will be benefited from your writing. Cheers!

    Also visit my page トリーバーチ店舗

  30. Greetings from Idaho! I'm bored to tears at work so I decided to browse your blog on my iphone during lunch break. I enjoy the info you present here and can't wait to take a look when I get home.
    I'm shocked at how fast your blog loaded on my mobile .. I'm not even using WIFI,
    just 3G .. Anyhow, excellent blog!

    Feel free to visit my web page - ジョーダン

  31. That is very interesting, You are an excessively skilled blogger.

    I've joined your feed and stay up for in quest of more of your excellent post. Also, I have shared your site in my social networks

    Feel free to visit my weblog :: ルブタン

  32. These are really great ideas in about blogging. You have touched some nice factors here.
    Any way keep up wrinting.

    my site モンスタービート

  33. There's definately a lot to know about this topic. I like all of the points you've made.

    Also visit my web blog ... christian louboutin shoes

  34. Hello, all is going fine here and ofcourse every one is sharing facts, that's really excellent, keep up writing.

    Here is my blog post ... ミュウミュウ財布

  35. I constantly spent my half an hour to read this blog's posts daily along with a cup of coffee.

    Have a look at my web blog: エアジョーダン

  36. Superb post however I was wanting to know if you could write a litte more on this topic?
    I'd be very thankful if you could elaborate a little bit further. Many thanks!

    My site

  37. Wow, fantastic blog format! How lengthy have you been running a blog for?

    you made blogging look easy. The entire glance of your website is
    fantastic, let alone the content!

    Also visit my web-site ... ロレックスコピー

  38. Hello there, just became alert to your blog through Google, and found that it's really informative. I am going to watch out for brussels. I'll be grateful if you continue this in future.
    Numerous people will be benefited from your writing.

    Feel free to surf to my web site - アバクロンビー

  39. What's up Dear, are you genuinely visiting this website regularly, if so after that you will without doubt take nice experience.

    My web blog - ジョーダン 靴

  40. It's really a nice and useful piece of information. I'm glad
    that you shared this useful info with us. Please keep us informed like this.
    Thank you for sharing.

    Here is my page - シャネル 財布

  41. Amazing blog! Is your theme custom made or did you download it from somewhere?
    A design like yours with a few simple adjustements would really make my blog
    stand out. Please let me know where you got your theme.
    Bless you

    Also visit my homepage; アバクロンビーフィッチデニム

  42. Thanks for the good writeup. It in reality used to be a enjoyment account it.
    Glance complex to more brought agreeable from
    you! By the way, how could we keep in touch?

    Also visit my page ... oakley サングラス

  43. Awesome article.

    Also visit my web blog: air jordan

  44. Hi, this weekend is fastidious for me, because
    this occasion i am reading this wonderful informative paragraph here at my residence.

    My site ... オークリー サングラス

  45. Hi there all, here every one is sharing such experience,
    therefore it's fastidious to read this web site, and I used to go to see this weblog everyday.

    Here is my website -

  46. It's an awesome article designed for all the internet viewers; they will take benefit from it I am sure.

    Check out my web site ヴィトン

  47. Hi, I want to subscribe for this weblog to obtain hottest updates, so where can i
    do it please assist.

    Also visit my blog post -

  48. Greetings from Carolina! I'm bored at work so I decided to check out your website on my iphone during lunch break. I enjoy the knowledge you present here and can't wait to take a look when I get home.

    I'm shocked at how fast your blog loaded on my cell phone .. I'm not even using WIFI,
    just 3G .. Anyways, good site!

    my page :: ロレックスコピー

  49. Very great post. I just stumbled upon your blog and wanted to
    mention that I've truly enjoyed surfing around your blog posts. In any case I will be subscribing on your rss feed and I hope you write once more very soon!

    Also visit my site: monster beats

  50. Do you mind if I quote a few of your posts as long as I provide credit
    and sources back to your site? My blog site is in the exact same area of
    interest as yours and my users would certainly benefit from some of the information
    you present here. Please let me know if this ok with you.

    My weblog ::

  51. Thanks for the auspicious writeup. It in fact used to be a entertainment
    account it. Look complex to far delivered agreeable from you!

    However, how could we be in contact?

    My weblog - ジョーダン スニーカー

  52. It's a pity you don't have a donate button! I'd definitely donate to this excellent blog! I suppose for now i'll settle for book-marking and adding your RSS feed to my Google account.
    I look forward to brand new updates and will talk about this site
    with my Facebook group. Talk soon!

    Here is my website ...

  53. Way cool! Some extremely valid points! I appreciate you writing this post and the rest of the site is very good.

    Also visit my weblog :: monster ヘッドホン

  54. Hi there, its pleasant piece of writing on the topic of media print, we all be familiar with media is
    a wonderful source of information.

    my web site;

  55. I think this is one of the most significant information for
    me. And i am glad reading your article. But should remark on few
    general things, The web site style is great, the articles is really great : D.

    Good job, cheers

    Visit my webpage

  56. Hi there, yup this post is actually fastidious and I have learned lot
    of things from it about blogging. thanks.

    Take a look at my web blog ... Replica Rolex Watches

  57. I am curious to find out what blog platform you happen
    to be utilizing? I'm having some small security problems with my latest site and I would like to find something more safe. Do you have any suggestions?

    my page ... Replica Rolex Watches

  58. Touche. Solid arguments. Keep up the good effort.

    my page ... コーチアウトレット

  59. Excellent beat ! I wish to apprentice while you amend
    your web site, how could i subscribe for a weblog web
    site? The account aided me a appropriate deal. I were tiny bit familiar of this
    your broadcast offered vivid transparent idea

    Here is my web site - クリスチャンルブタン

  60. This is a topic that's near to my heart... Many thanks! Exactly where are your contact details though?

    Here is my homepage ... nike air max on sale

  61. Today, I went to the beachfront with my kids.

    I found a sea shell and gave it to my 4 year old daughter
    and said "You can hear the ocean if you put this to your ear." She placed the shell to her ear and screamed.
    There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is totally off topic but I had to tell someone!

    Here is my web-site

  62. What's up everyone, it's my first pay a visit at this
    web page, and article is truly fruitful in support of me, keep up posting such

    My web page ... コーチ

  63. For newest news you have to pay a visit world wide web and on web I found this
    site as a most excellent site for hottest updates.

    Also visit my site: cheap oakley sunglasses

  64. A persistantly more affordable style under Armani often is Emporio Armani.
    The dog's companion Aida Calvelli experienced an incredible family, even although only the daughter's?
    ? So, do yourself a like and stay away. The status of Parda handbags increase thanks to the development within society.

    Look into my site ... designer handbags

  65. I usually do not leave a response, however I glanced
    through a few responses on "Benefits of Home Ownership".
    I do have some questions for you if you do not mind.
    Is it just me or does it look like like a few of these remarks look as if they are left by brain dead
    people? :-P And, if you are writing at other social sites,
    I would like to follow you. Could you post a list of every one of all your
    public sites like your Facebook page, twitter feed, or linkedin

    my web site :: グッチ 財布 ()