7 Reasons to Own Your Own Home Rather than Renting:

1. It makes financial sense:  Investing your money in something that will most likely provide YOU with a return rather than your landlord.  The money you pay every month for your mortgage along with potential appreciation will most likely accrue in equity.
2. Most likely a tax savings!
3. A greater sense of belonging to the community in which you live:  You’re more interested in what’s going on in the town, local politics, shopping areas, roads, and schools.
4. A sense of stability and a commitment to something:  You’ll never be told by a landlord that you have to move.  Home ownership is a foundation that gives you the freedom to plan for the future.
5. A sense of control:  You have the decision-making power regarding your home and property.  You can build an addition, remodel, make changes to the landscaping, or any other project you’d like.
6. Benefits for your children in school:   This one surprises me, but many buyers have told me their children have done better in school after they bought a house.  Children have the freedom to play games and sports in the yard, build things, and explore the great outdoors with a sense of control that they don’t get in an apartment complex.
7. No more nights at the Laundromat!  Home ownership usually involves washer/dryer ownership as well.  With this new found freedom you save time and money that can be better spent enjoying the company of family and friends.

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