Reason # 1...The potential to build equity. Sure, there are still reports of falling prices in some parts of the nation. But, in general and over time, you are likely to build equity in your new home. Plus, if you stay in your house long enough, you will ultimately pay off your mortgage and own it outright... When you rent a house you are just making someone else rich...
Thanks for visiting my blog, check in tomorrow for "Why Buying a Home is Better Than Renting Reason # 2"..:)
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