Buying a Home

Buying a home is an exciting and complex adventure. It can be a very time consuming and costly if you are not familiar with all aspects of the process, and do not have all of the information and resources at hand.

One of our specialties is representing the best interest of Memphis area buyers throughout the home buying process. Our services will save you time and money and hopefully more enjoyable and less stressful.

If you are like most people, buying a home is the biggest investment you will ever make. So whether you are buying a existing, starter home, dream home, foreclosure or investment property, why not take advantage of our experience as a local marketing expert for the Memphis area to help you make the most informed decision you can make, ever step of the way.

Call or email if you have questions: 1-901-377-5537 / homer.craft@comcast.net office Heriage Homes Co 901-755-2000

How to Choose a Home

Here are some tips to help determine which house is best for you.

Once you have settled on a couple of preferred neighborhoods, its time to pick a few homes to view. Having a house feature "wish list" keeps you focused on which features are most important to you.

Consider the following when narrowing down your home search:

Know what type of home you want to buy:

Determine the age and condition of house you want to buy

Consider resale potential

Use a feature wish list to keep focused

Use a home search comparison chart to keep organized

Act decisively when you find the right home

Call or email if you have questions: 1-901-377-5537 / homer.craft@comcast.net, office Heritage Homes Co. 901-755-2000

Plain and simple, owning a home can improve your quality of life, provide stability and give you a sense of control you just can't get from renting. You have a place to live when you rent, but buying is something much deeper – and better.

The intangibles are tough to measure, but there are other benefits you can quantify:

Financial investment; Your monthly mortgage payment creates equity for you, not your landlord.

The interest on your mortgage is a tax deduction; While this isn't a reason in itself to buy a home, it's nice to get a break at tax time.

Fixed monthly housing payment; If you opt for a fixed-rate mortgage, the monthly rate of your mortgage won't change for the length of the term.

Look for a house you can stay in long-term; one that will grow with your family and needs. The financial benefits of owning increase over time.

Tax-free gain; When it's time to sell your home, you don't pay taxes on the proceeds of the sale that are above what you paid (with some restrictions – see information on capital gains).

Look for an agent who understands your lifestyle. Make sure the agent knows the neighborhoods you're interested in, and can answer questions you'll have about the location.