The benefits of owning a home aren’t all dollars and cents, and if this list were ranked in order of importance, the pride that accompanies owning a home would surely be at the top. Owning a home is an accomplishment and an investment in the future that provides both security and stability.
Owning a home provides the predictability that renting—where tenants are at the mercy of landlords, who can hike the rent or ask occupants to move so they can renovate—cannot, and in the long term, it is cheaper than renting. “If you have a fixed-rate amortized mortgage, especially,” says a rennie advisor, “you can count on the predictability of those payments over the life of your loan, making it easier to budget, plan, and invest for the future.”
People liked his house and others loved his flowers. There is nothing more amazing than having your own home, it gives one a piece of mind.
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