Buying a home has fantastic benefits that make it not just worthwhile—but downright exciting. Here are six reasons:
It might seem like you're spending more initially, but with rent prices on the rise (and constantly fluctuating), mortgage payments are often the more affordable option.
Unlike other large ticket items, a house appreciates --often even without any updates! That goes for condos too, which are currently holding on to their value more steadily than their single-family counterparts.
As a homeowner, you have the freedom to upgrade and renovate.
The percentage of your home you own outright is essentially "money in the bank."
The interest paid on a mortgage is a write-off. It's just one of the ways that the federal government encourages homeownership.
First-time homebuyers can benefit from all sorts of loan perks, like lower interest rates and low down payments!