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Kevin Green, Sr. Loan Advisor – American Liberty Mortgage

When it comes time to make decision to rent or buy whether you are a first time home buyer or a new to Denver, it is important to consider all the benefits of owning your own home.  Some of the most important benefits to consider are:


When making real estate transactions, money is always at the forefront of the conversation.  Building equity for anyone, especially first time home buyers, is a tremendous vehicle for financial growth and stability.  When it comes to equity in the rent vs buy debate, if you are renting, your rent is assisting in developing your landlord’s equity.  You are helping them pay down their mortgage.  To help build your own equity, purchasing home will allow you to do that, and in the event that If interest rates drop, you can refinance your mortgage at the more favorable rates.

It’s Yours

This is one of the coolest parts of owning a home.  You get the freedom to make it your own.  You can upgrade it to meet your needs and wants.  Whether you prefer contemporary, vintage, modern, or classic; you can incorporate whichever type of style you want to into your home.  Remember, doing upgrades to certain areas of your home in the Denver market can add resale value to your home, such as in the kitchen or bathrooms.

Tax Deductions

Back to the money side of real estate for a second.  A commonly forgotten about advantage of owning a home is the ability to deduct mortgage interest and property taxes.  This benefit can be worth thousands of dollars each year to the home owner.

“In the Denver housing market it is very common to see studios and 1 bedrooms to start renting for $1000 and up, depending on the exact location.  When looking in downtown Denver, it is even common to see rents starts at $1500-$1600 dollars.  Thus, purchasing a home at the right price and time, can be a tremendous ownership opportunity.” –Statistics courtesy of Denver and Keller Williams Realty

Kevin Green

Sr. Loan Advisor

Work Phone: 303-865-3952

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