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DJ Morris
La Mesa
DJ Morris
La Mesa

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P: 619-464-8111
O: 619 668-4452
DRE # 00881044


5640 Baltimore Dr.,
La Mesa, CA 91942

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About DJ

“DJ” Darrell Jon Morris 
Realtor® DRE Lic# 00881044. 
License Since 1985, servicing San Diego and surrounding Communities since 1979.
Century 21 Award La Mesa Office 5640 Baltimore Drive San Diego CA, 91942
 
5  Reasons: 
Homeownership Is A Good Financial Investment Freddie Mac reported on the
benefits of homeownership. According to their report, here are the five benefits that
 “should be at the top of everyone’s list.”

1.Homeownership can help you build equity over time.
2.Your monthly payments will remain stable.
3.You may have some tax benefits.
4.You can take pride in ownership.
5.Homeownership improves your community.
 
Let’s expand on each of Freddie Mac’s points: Homeownership can help you build equity over time Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article, the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun reported that now the net worth gap is 45 times greater.
 
Your monthly payments will remain stable When you purchase a home with a fixed rate mortgage, the majority of the payment (principal and interest) remains constant. On the other hand, rents continue to skyrocket. Your housing expense is much more stable if you own instead of rent. You may have some tax benefits According to the Tax Policy Center’s Briefing Book – "A citizen’s guide to the fascinating (though often complex) elements of the federal Tax System” – there are several tax advantages to homeownership. Here are four items from the Briefing Book:

• Mortgage Interest Deduction
• Imputed Rent
• Property Tax Deduction
• Profits from Home Sale
 
You can take pride in ownership Most surveys show that a major factor in purchasing a home is the freedom you have to design the home the way you want. From paint colors to yard accessories, yo.u don’t need a landlord’s permission to make the house feel like a home. Homeownership improves your community The National Association of Realtors released a study titled ‘Social Benefits of Homeownership and Stable Housing.’

The study explained: “Homeownership does create social capital and provide residents with a platform from which to connect and interact with neighbors…Owning a home means owning part of a neighborhood, and a homeowner’s feelings of commitment to the home can arouse feelings of commitment to the neighborhood, which, in turn, can produce interactions with neighbors.” Bottom Line There are many benefits to homeownership. That is why it is still a critical piece of the American Dream

Office Listings

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3111 Impink
$825,000
3
BD
2
BA
1,652
SF
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2722 Katherine St
$950,000
3
BD
3
BA
2,044
SF
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5350 Baltimore Dr 43
$439,900
2
BD
2
BA
967
SF
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0 First Street
$4,500

BD
0
BA

SF
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10051 WOODPARK DRIVE
$629,900
3
BD
2
BA
1,032
SF
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0 Bonita
$8,000

BD
0
BA

SF
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1st Street
$15,000

BD
0
BA

SF
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5455 Baltimore Dr. 8
$545,000
2
BD
3
BA
1,224
SF
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4701 Date Ave 302
$565,000
2
BD
2
BA
1,425
SF
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10636 KEITH STREET
$699,900
4
BD
2
BA
1,444
SF
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9156 Fanita Rancho Rd
$599,000
3
BD
1
BA
1,143
SF
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14372 Mediatrice
$1,550,000
5
BD
3
BA
2,888
SF