Sales Center : MAP IT
1902 N. Commerce St., #105
Milwaukee, WI 53212 (414) 659-4411
Jean M. Stefaniak
Mon, Tues & Fri: 12 - 3 pm
Sat & Sun: 12 - 4 pm
and by appointment
Buying vs Renting
As you know, when it comes to your home, there are practical advantages to purchasing rather than renting. One has the personal freedom to choose where and how they would like their home to be. One also has the opportunity to express their individuality through decor, appliances and the upgrades that are offered in our condos.
Unit price: $149,900
3.5% down: $5,247
Mortgage: $144,653 @ 4% and 30 year fixed rate
Monthly mortgage: $690
Yearly taxes ($4,020): $335
Monthly condo fee: $119
OWN this unit: $1,144 per month
If you're paying about the same or even more, NOW is the time to purchase!
Less well-known might be the financial advantages that come with owning your home. Here is a short checklist of benefits that – besides pride and flexibility – make condo ownership a solid decision that will continue to pay dividends.
Savings at tax time
Deduct mortgage interest, receive energy credits, and more.
Historically, real estate keeps pace or exceeds the rate of inflation.
Build towards retirement
Tax-free profit of up to $500,000 upon sale of your home.
YOU increase the property value
Homeowners have a vested interest and build better neighborhoods.
Home improvements are money in the bank
You'll appreciate your home more... and it should appreciate too!
Your home – your legacy
Your property can pass to your spouse, family, or heirs.
Help with the monthly budget
Rents rise, mortgage payments don't.