First Time Home Ownership
A home is one of the biggest purchases you’ll make, and it marks a significant step in life. There’s no scientific formula that tells someone when they’re ready to buy, but you should take note of your financial situation as well as your personal lifestyle. Generally speaking, there are many advantages to home ownership, both tangible and intangible, that you’ll want to be aware of. Whether this is your first home purchase or your fifth, The Lofts at 1800 offers several advantages to potential home owners.
Value
Every payment you make on your mortgage puts you that much closer to acquiring a major possession. Additionally, every improvement you make to your property not only upgrades your way of life, but can also add value to your home. With standard finishes including Bosch appliances, Grohe plumbing fixtures, and whirlpool tubs, the units at The Lofts at 1800 rival the level of luxury in residences that have spent thousands of dollars in upgrades. What’s more, The Lofts at 1800 are situated in the tree-lined neighborhood location of North Center, where the lofts are unique to the area. You won’t be one of the thousand loft owners in the South Loop here, but rather a valued member of the close-knit community.
Tax Advantages
Your real estate taxes and the interest on your mortgage are deductible from your income tax. For many buyers, that tax break can go a long way toward making home owning just as affordable as renting.
Satisfaction
For many people, home ownership simply makes life more enjoyable, whether it’s the pride that comes from decorating and maintaining your home or the knowledge that your children will grow up in the neighborhood of your choice. The Lofts at 1800 makes everyday a little better with each of the amenities it offers to residents. What’s more satisfying than an after work glass of wine in the rooftop lounge, while watching the sun set? Or working out in the high-tech fitness center, before you leave for work? Maybe it’s coming home to the security of a doorman with a kind smile and knowing you made the right choice by buying at the Lofts at 1800.
