Benefits of Home Ownership

 Stability—as long as you pay your bills, no one can take your home from you. With a fixed rate mortgage, your housing bill won’t suddenly increase next year (not counting taxes and insurance, which always seem to go up), which means your budget stays pretty much the same and you won’t be surprised by sudden rent hikes.

 Build equity/net worth—now your monthly payments mean something and add to your overall net worth instead of being wasted on rent.

 Potential tax benefits--*We are not CPAs and this is not tax advice*. There are potentially some tax benefits to owning a home depending on your situation and the tax laws at any given time.

 It’s YOURS—don’t like that wall? Remove it (we advise speaking with a contractor or engineer to be sure you account for any structural implications). Want bright pink walls? Paint them! Aside from following city ordinances and potential HOA policies on the exterior, your home is yours to do whatever you wish with. No pesky landlords stopping you from making your home your own. You’re the one paying the bills now!