Most Affordable State to Own & Build
Mississippi is one of the most affordable states in the nation to buy and build a home. When it comes to home savings, mortgage rates, and the purchase of land, Mississippi is second to none. Now having released new programs that significantly offer savings for new home buyers, Mississippi is attracting several families to begin building their new home now.
Here is a short and simple list to shed light on homeownership in the magnolia state.
- Price: As seen above, the average cost of owning has become significantly lower than the cost to rent. More than ever, families are looking to purchase homes now, during one of the most beneficial times for homeownership.
- The Homebuyer’s Savings Account Program: This bill allows Mississippian’s who are first-time homebuyers to deduct up to $2,500 from their state adjusted gross income annually. Couples are able to deduct up to $5,000.
- Vision: A community developing in North Madison County located in Canton, MS at this present time is offering not only free consulting to clients, but has garnered many partnerships with companies that help with credit repair, financing, and building. Learn more about living in the Vision Community here.
- Cost of Living: USA Today named Mississippi as #1 in the top 10 least expensive place to live. This is a huge factor when considering where to own or if to travel back home to Mississippi to build and own. When cost of living is low, family funds can reach much farther than most.
- Madison County: Several towns located in Madison County are listed in the top 50 Best Places to Live in Mississippi (by Niche) and Canton, MS is of those top 50. Not only does Madison County boast some of the best shops, events, and landscaping in the US, but is home to Canton, MS and Vision Community, a subsidiary of Cline Properties.
Have questions or looking to own? We can help. Here at Cline Properties we offer free consultation and can answer your questions on not only what we offer, but the programs available to you. Take advantage of these 2018 programs today!