Have you been dreaming of owning your own home, but can't seem to take the first step? Understanding the many advantages that ownership has over renting can help you get started.
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Pride of ownership. Many homeowners say there is no greater accomplishment than this. It's a dream come true for most.
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Tax benefits. The interest on your mortgage is deductible. Make sure you consult a real estate professional, tax specialist or investment adviser to get the best advice.
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Equity. As you pay off your mortgage, you can gain an increasingly larger share in a valuable asset.