7 Reasons to Own a Home

People chose to own homes for many ’emotional’ reasons. However, there are several very practical reasons to buy as well.

  1. Tax Benefits
  2. Appreciation on an ‘asset’
  3. Equity or ‘cash value of your ownership’ in the home
  4. Savings that you can get when you sell
  5. Predictability in costs and payments, unlike rent
  6. Freedom to do as you like to the home (watch those HOAs)
  7. Stability in your community, you tend to live there longer than rentals