Why Own at Veneto

You already know the financial disadvantages of renting: spending a $1,000 or more each month with nothing to show for it; then facing the typical end-of-lease rent increases or the trouble and expense of moving again.

Buying at Veneto offers you three important advantages of home ownership:

Tax Advantages Now - Mortgage interest, points and real estate taxes are tax deductible. Depending on your tax bracket, these deductions can significantly reduce your taxable income and result in savings. (Typically the greatest advantage is during the first years of the mortgage when most of the monthly payment is interest.) Be sure to consult your tax advisor.

Equity for the Future – The real estate market has its ups and downs, but traditionally over time the value of the investment increases. Owning a home enables you to build equity (the difference between the home’s value and what you owe on your mortgage) that can give you a financial cushion when you need it.