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Advantages of Buying over Renting

   
Tax Benefits. Interest on your mortgage and real estate taxes are deductible.
   
Lower Monthly Payments. It is possible that buying your own home can actually cost you less each month than renting.
   
Control. Home ownership gives you freedom to make decisions about your own home.
   
No Payment Increases. Fixed-rate loans enable you to lock your monthly loan payment so it never increases like rent can.
   
Wise. Owning your own home allows you to build equity that can be used for retirement, college, or other needs.
   
Investment. Home ownership is a good investment. Chances are your home will appreciate in value and be worth more next year than it is today.
   
Feels GREAT! Owning your own home is a great feeling!