By Jenna Ryan
Homes generally appreciate at the rate of 5% per year. Plus, you aren’t renting, so you’re more likely have equity built up in your home when it’s time to sell. Buying a home is like having a savings account too.
Your Home Will Give You Tax Savings
The interest that you pay on your home is tax deductible and so property tax. There’s nothing like a tax deduction to bolster your new home decision.
You Will Be In Control of Your Domain
Renting and owning your home is like two very different worlds. When you own your home, you have more freedom to do what you want to do. When renting, you’re at the mercy of the property owners and managers. Owning your home is much better.