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Real Estate Agents at Sage Realty Discuss the Benefits of Home Ownership and How Home Ownership Offers an Asset-building Strategy

Home ownership continues to be a popular goal. However, there are many questions and concerns that go with home ownership and purchasing a home. With rising house prices and concerns over the continually increasing wealth disparity between the middle and upper classes, many wonder if purchasing a home is a wise investment. There are also other concerns that come into play—for example, is owning a home more cost-effective than renting, or will you get a return on your investment? When should you contact a real estate agent?

There are several benefits to owning a home, but perhaps the biggest is the ability to use your home as a strategy to build your personal wealth. Finding a quick cash source or loan is not always easy, and home equity can provide the leverage you need to advance your personal wealth through other means, all while getting the multitude of benefits of owning a home. In the past, this technique was misused with disastrous results, but done wisely, it can be an invaluable tool.

Using Your Equity to Invest

Money has the ability to generate more money. When you invest in a good home, identified as such by a good real estate agent,  you should expect to build equity. That equity can be leveraged to generate more cash. The key is to use the equity wisely, and invest it in something you have researched well. When done thoughtfully, the stock market, advanced education and starting a business are some of the most common ways people move up the economic ladder in America today.

Investing in the Stock Market

For those who have never invested in the stock market, it can be a daunting step to take, especially when using precious home equity. Something that can be helpful to remind yourself that investing in stocks has historically been more lucrative than bonds, gold and Treasury bills. The first thing to decide is your comfort zone when it comes to risk. Are you a risk-taker, opposed to risk or somewhere in the middle? The next question is how much time you have. Once you have answered some basic information, you can begin to “play” the stock market. Remember to stay diverse, do your research and use reputable sources. Many low-fee companies provide excellent advice for free on their websites.

Investing in Advanced Education

There are excellent reasons to advance your education. It helps you become a more versatile employment prospect that is more hirable. Advanced degrees increase your earning potential. Education is still a desired quality among employers, and using home equity to invest in yours is a great way to increase personal wealth.

Investing in Entrepreneurship

Do you have an idea sitting around that you know is a money-maker? Home equity can give you the funds you need to get started. While entrepreneurship is not easy, it can pay off in ways another job may not.

If you are ready to invest in your future, contact a real estate agent from Sage Realty LLC at 610.687.4000 and get started today!

Featured Testimonial

I moved to PA from Washington State and learned that realty is local. There were things that I thought I knew about buying a house previously but boy was I wrong. Linda was very patient with me but also did not hold back when she saw potential problems, and always made sure I had all the information I needed before making a decision and didn’t belittle concerns to just get a sale. Above all else, and this was the most important thing to me, Linda has a high ethical standard, is very transparent in her approach and is someone I trusted making one of the biggest decisions of my life. – A. Lindsay (Courtesy of Google)

 

Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.