
- No Need For Permission: Do you want to paint the walls a new color, or plant a tree outside? Do whatever you want – there’s no landlord to consult first.
- Build Equity: As you make payments or your home’s value increases, so will your wealth!
- Improve Your Credit Score: Owning a home and paying a mortgage will reflect favorably on your credit score, making future loans easier.
- Stable Payments: Your rent can go up at any time, but your house payments are more or less stable over the term of your mortgage. This makes budgeting farther into the future much easier.
- Save Money: Some mortgage payments can be less expensive than rent. Homeowners may choose to use the difference to make upgrades that increase their property’s value.
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