The Financial Advantages of Home Ownership
Property is one of the greatest and most secure investments available. Rarely, does real estate decrease in value. Depending on the area, buying a house may provide tax advantages over renting. In addition, the equity built on a home’s appreciation allows for potential borrowing towards expenses such as a new home or college tuition. Home equity is also ideal as a down payment towards a second home or vacation property.
Buying a house means no longer worrying about rent increases and landlord demands. Most importantly, new homeowners can start to enjoy what matters most — building a home of their own and enjoying life.