BLUE LABEL WEEKLY MAGAZINE IS ABOUT ONLINE MARKETING, INCLUDING INBOUND MARKETING, CONTENT MARKETING, GROWTH-DRIVEN DESIGN, INBOUND SALES, ARTIFICIAL INTELLIGENCE, BLOCKCHAIN CONSULTING, IoT(Internet of Things) Consulting, GDPR CONSULTING, AND STRIVES TO ENSURE YOUR SUCCESS!
By becoming a homeowner, you will build equity through paying down your mortgage over the years and will likely enjoy a lower cost of living in retirement.
Owning a home is actually cheaper now than renting/leasing. One roadblock to buying a home usually is the inability of many potential buyers to afford the down payment, which is typically 20% of the purchase price.
When you buy, your costs are rather predictable and more stable than renting as they’re ideally based on a fixed-rate mortgage. The interest and property tax portion of your mortgage payment is a tax deduction. There’s pride in homeownership, which also closely ties you to your community.
There are two ways to build equity: With each monthly mortgage payment you make, a portion goes toward reducing the amount you owe on your loan, which increases your equity. In a sense, paying your mortgage is a form of savings, as it increases the equity in your home.
“Owning a house provides you with a valuable asset and financial stability. By purchasing a home, you’ll have an asset that, in many cases, will appreciate in value over time. A $400,000 home today should appreciate in value and may see an increase in value to $500,000.
Owning a home enables you to live life under your own rules. Homeowners, don’t need permission to make modification(s) in their home. They can paint any room any color, replace the cabinets, add a deck, or do any other modifications they wish.
Homeownership provides great privacy
This may seem fairly obvious, but it’s worth emphasizing: With a rental, you run the risk of getting kicked out at the end of your lease.
Local Sales taxes fund our communities and provide vital services
Local Sales taxes fund community projects and provide vital services such as police and fire protection, street repairs and trash collection. Likewise, local businesses shop with other local businesses allowing the rapid cash
rotation in the community.
Local businesses are more resilient to national economic downturns and strive to stay open. Favorable decisions are made by people who not only live in the local community but are also directly impacted by those decisions.
DELIGHT EXISTING CUSTOMERS IS EASIER AND MORE IMPORTANT THAN ATTRACTING NEW ONES
Instead of spending lots of money on trying to attract new customers to a business, focus on delighting your existing (or ex) customers instead. Providing them with a great customer experience will turn them into promoters and evangelists.
Being as connected as we are today, thanks to technology, the sharing of positive experience is instantaneous and can potentially be a favorable post going viral through social media highlighting your meticulous service to millions of people
Owners of local businesses spend money at other local shops, keeping your money in your city and your pocket.
Help use public services and space more efficiently, and ensures diversity as well as innovation
Local Businesses consume less land, carry more locally-made (non-imported) products, are closer to their customers, and create less traffic and pollution. These savings all translate into a smaller carbon footprint and lower overall taxes: the greater the percentage of locally-owned businesses in a town, the lower your taxes will be.
The best way to ensure that your business environment is kept in the cleanest and most hygienic state is to hire a professional office cleaning company that will do the job at the highest quality with all the great benefits: