Living the American Dream – Home Ownership in Ave Maria
Owning a home has many far-reaching benefits that outweigh the immediate ease of renting. Oftentimes renters don’t believe they can qualify to purchase a new home whether because of inadequate credit score, insufficient down payment funds, or lack of knowledge of the real estate market. Educating renters on how-to successfully navigate a path to new home ownership is available through the sales center representatives in Ave Maria, Florida.
First, home owners build equity instead of burning through cash. Each month you make a mortgage payment, a portion of that payment goes toward reducing the amount you owe on your loan, thereby increasing your equity. As your home increase in value, your equity increases. Renters do not experience this advantage with monthly rental payments going directly to a landlord or leasing company. If the apartment increases in value, and perhaps monthly rents increase, the renter does not realize any benefit but instead ends up paying more in rent. Your monthly mortgage payment is more stable and predictable when based on a fixed-rate mortgage while rent payments can increase subject to the landlord.
Secondly, mortgage interest and property tax payments may be deductible from federal taxes and state taxes. In the state of Florida, you can deduct your property taxes each year with a cap up to $10,000. This is a great savings on your taxes. You can also enjoy renewable energy tax credits up to 30% of the costs of approved major energy installations. To learn more about these energy efficient products please visit Energy Star website.
Building a strong credit history is another benefit of responsible home ownership. When you consistently make your monthly mortgage payments on time, lenders will see that you are a good borrower and your credit history will strengthen. This will help when applying for future loans including car loans or home improvements.
Builders in Ave Maria support the path to home ownership and throughout the year may offer incentives and assistance to new home buyers. Contact the builder sales representatives to learn more about what special offers are going on now.
Home ownership is part of the American dream for many and living in Ave Maria with all its conveniences and amenities further expands that dream to include an incredible lifestyle for families and retirees. On-site events, town center, lifestyle director, and so much more all add up to a dream come true.
Relocating to Florida Has Many Benefits
Moving to Florida? Or just beginning to think about it? Either way, there are many benefits to living in the Sunshine State besides the sunshine!
Florida is a tax friendly state. Florida has no state income tax, which means Social Security retirement benefits, pension income and income from IRAs or 401(K)s are all untaxed. Florida also has no estate or inheritance tax while property taxes are close to the national average. Many retirees and active-adults find relocation to Florida beneficial during those years when living off a pension or 401(K) come to consideration.
If you’re relocating to Southwest Florida you may still be working and wondering about employment in your new town. Ave Maria is located in Collier County, home to several large employers including NCH Healthcare System, Collier County School District, Collier County Government, Arthrex, Inc, Ritz Carlton Naples, Naples Grande Resort and John R Wood Realtors. Collier County enjoys a robust tourist season each winter resulting in increased job opportunities in this area. Hospitality and service personnel often work during season and then enjoy their summers off. Retirees looking for a part-time position can often find one during season when employers are looking for added help. The job opportunities in Southwest Florida are many and in several industries.
Connecting with the local Greater Naples Chamber of Commerce can be a helpful tool when moving to Florida. Their page, Why Live Here?, includes several awards and accolades for Naples and Collier County. Did you know we were named the Happiest, Healthiest City in the United States in a 2015 Gallup Healthways Well-Being Index? Ave Maria students are zoned for Collier County Public School District which was rated “A” by the Florida Department of Education and is the 5th highest ranked school district in the state.
Most importantly- the people of Southwest Florida are warm and welcoming, especially in Ave Maria where neighbors quickly become friends. Our golf-cart friendly community encourages walking, biking and golf carting from the supermarket to the pub and to the parks. Our Master Association hosts new homeowner events encouraging residents to meet each other and to introduce them to the new clubs available to them in Ave Maria. Discover your new life in Southwest Florida and Ave Maria today. Call 239-352-3903 for more information.