Benefits to Owning a Home

Home ownership has long been part of the American Dream.  But why?

What are the actual benefits to owning a home?

We've compiled some here. Let us know what you think!

• Stability: No yearly rent increases here. What you see is what you get and you call the shots.
• Tax Deductions: Homeowners can deduct some or all of their mortgage interest from their taxes.
• Equity: Owning a home builds equity and can help your credit score for future borrowing needs.
• Appreciation: Although the housing market is cyclical, over time most homes appreciate in value.
• Freedom: Make your home your own! There is no landlord to answer to and no restrictions on what you can do to make your home unique!