BENEFITS OF OWNING
1. CREATIVE FREEDOM WITH THE PROPERTY
Owning your home means you can paint your kid’s room any color you want, you can change your floors from carpet to wood, and you can put new lights and ceiling fans in without asking a landlord for permission. The best part is, making reasonable updates maintains the value in your home and in many cases you will even see an increase in value of your Home.
2. MORTGAGE COSTS STAY THE SAME AS RENTS RISE
One of the most common reasons people buy homes is for the immediate benefit of stable monthly payments. While rental prices can continue to go up, once you own a home, you have the option of steady monthly mortgage payments for years (if you opt for a fixed-rate mortgage; adjustable-rate mortgages are a different story). This benefit can help homeowners save money and more easily budget for other expenses.
3. BUILDS YOUR CREDIT
Owning a home is a great way to build credit. If you make your payments on time every time, your credit age and payment history will improve your credit score. Further, a home provides potential access to home equity, which you could access in an emergency.
4. HOMEOWNERSHIP IS A TAX BREAK
One thing people who have never owned a home do not always think about are the tax advantages of homeownership. Whether you are living in your first home or your fifth, it is a huge financial advantage to have some tax relief tied to the interest you pay each year. It is one thing you don’t get when you’re renting. Be sure to work with a tax professional to get the best possible benefits on your annual return.
When you rent a home all the cost of owning that home plus the profit that goes into the landlord’s pockets are built into your rent payment. Every year your rent goes up with nothing to show for it, but when you own a Home that you make monthly payments on a portion of that payment is tucked away right back into saving (this is called equity). Two things are happening at the same time to build the equity. The first is the principal portion (equity deposit) of your monthly payment, and the second thing is your home becomes more valuable month after month (99% of the time). Both factors into “forced saving” for you, wealth that can drastically change your retirement years if used responsibly.
LET'S GO FISHING FOR A NEW HOME
Testimonials
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Knowledge
Experience
Honesty
Sincerity
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- Peter Anastos
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Pleasant to work with!
It was a pleasure working with Dorinda in selling our home, always cautious of our work schedule and personal time when home. Through her and husband James expertise we were able to get the price we wanted. Again thank you for an easy process from listing to closing.
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- Joseph And Lisa Gunter
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James is a honest and respectful man of the business. He will go beyond the call of duty to find you the right home.
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- Diane Heard McNeely
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Mr. Torrance is a very helpful, thoughtful man. I was stuck on the side of the road (I deliver mail) and he saw me and immediately stopped to help rescue me and get my vehicle unstuck!!! You want to work with someone with this type of integrity and ethics for sure!!!!!!! He didn't know me from Adam but took time out of his day to assist me!!!!!I I know I will be using him if/when I need a realtor!!!!!!
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- Maureen Valadie
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Awesome Job
Dorinda and James know what they are doing from the guidance and recommendations they give to you for setting your house up for showings to the professional pictures they have done for the listing.
I never had to wait to hear from them, they were on point with everything and walked me through any and all questions I had.
Because of their excellence knowledge my home was under contract within 1 day of listing and was finalized in 30 days SOLD
I could not have asked for a better group to help me sale my home. I am more than blessed I choose them.
Verified by RateMyAgent
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- Kristina Keel Hollen
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Great Agent
Great experience with Dorinda as our agency. She was very helpful, professional, knowledgeable, and friendly. Highly recommend her for anyone in the market to buy or sale their home. She sold our’s in 1 week.
Review submitted by Brandy Felicita (seller) on 31 Jul 2020
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- Brandy Felicita
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Very professional and goes the extra mile
Dorinda went the extra mile for us. She was always available whenever we had questions or concerns. Our house sold after being on the market for two days.
Verified by RateMyAgent
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- Mark and Susan Prescott
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Dorinda was very knowledgeable professional and very responsive. This experience was very smooth sailing and it’s all because I had the best realtor on my side.
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- Shane Mendez
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James and Dorinda were great to work with, I was so unfocused and did not even understand the first thing about buying a home, but they spent time understanding what I needed in my home. They went over and beyond the call of duty.
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- Bill M.
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Honesty, integrity, helpfulness... just some of the many traits this team brings to the real estate market. Give them a shout. They will take very good care of you.
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- Rob Warren
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She’s the one!
Dorinda is a professional in every sense of the word. She is knowledgeable, friendly, easy to work with, easily accessible and willing to go the extra mile. Her marketing of our property was very well done. We encountered difficulties during negotiating the sale and Dorinda handled them beautifully and always kept us apprised of everything happening. We also encountered difficulties at the closing and she stayed with me the entire time. If you’re looking for an exceptional realtor, look no more—she’s the one!
Verified by RateMyAgent
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- Karen McAllister
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I was a for-sale-by-owner. Dorinda brought a client to look at my home. Her client liked our home and made an offer. We accepted and the process went quite smooth. Dorinda kept me informed of every step on her end. I would recommend Dorinda for the buying end of real estate. She is quite personable and knowledgeable as a real estate agent
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- Robert Bliss
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Dorinda and James were extremely helpful, knowledgeable and responsive as our listing agents.
Their professionalism, expertise and excellent interpersonal skills work synergistically to make them wonderful representatives for anyone attempting to purchase or sell a home. The entire process from start to finish was smooth, seamless and professional. Anytime we had a question they were quick to respond, always happy to help, very supportive and joyful. Our home sold in just 6 days. Without reservation we highly recommend James and Dorinda Torrance of Team Torrance Reel Estate Legends Realtor.
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- Piper Lynn
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Positive: Professionalism, Quality, Responsiveness, Value
Dorinda and James went above and beyond every step of the process. They were always early to every showing, extremely responsive to questions and updates, and exhibited wide knowledge both of the real estate process generally and the particulars of the geographic area they cover. And they are kind and caring as well! I highly recommend them for any residential real estate purchase in central Florida.
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- Brooke Birkley
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Dorinda and James showed us lots of great properties, they answered all of our questions and was even able to tell us where to find the nearest hot tub locally ! Great experience !
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- Ed E
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on June 9, 2023 8:06 AM UTC The listing information on this page last changed on Last updated on June 9, 2023 8:06 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 9, 2023 8:06 AM UTC
