are a place to feel secure, build a future and raise a family.
There’s immense personal satisfaction in owning a home, and with home-ownership you can gain a sense of community through the neighborhood, schools and civic groups.
the emotional benefits of home-ownership, there are strong financial
reasons to buy a home.
home generally builds equity over time through the combination of
mortgage payments and appreciation.
portion of your mortgage interest and real estate taxes are
may leverage your money — even though your down payment may be 20%
of the home’s purchase price, you receive the full value of any
many markets the cost of ownership can be less than renting.
may strengthen your credit with your ongoing and timely mortgage
may pass on your home to your children.
as a homeowner, you are free to renovate, remodel, repair and repaint
your property – you’re never dependent on a landlord to get the
job done right.
Of course, the decision to buy a home vs.
renting one depends on many personal factors including your financial
health, job security, job mobility and more.
the housing market recovering, confidence in home-ownership and real
estate is improving. Potential buyers from millennials on up are
trending away from rental properties and toward home-ownership.