Build Equity
The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying are more varied and complicated than for renting, making it hard to tell which is a better deal.
To get a better sense of the total costs of buying a home, a typical monthly mortgage payment includes (principal, interest, taxes, and insurance).
Owning a home is often referred
to as the “American Dream.”
There are many obvious benefits of owning a home and also some that are not so obvious. Understanding what the benefits of home ownership are can really help make the decision whether to buy a home easy.
The Top Advantages Of Owning A Home.
1.) Stable Monthly Payments.
2.) Opportunity To Build Equity.
3.) Cheaper Than Renting Overtime.
4.) Owning A Home Provides Tax Advantages.
5.) Freedom To Customize Living Space.
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