Top reasons for choosing homeownership over renting has to do with personal comfort.
Being your own Landlord gives you peace of mind and tranquility.
Reducing the principal serves as a savings account.
Monthly expense does not rise with a fixed rate mortgage which helps you manage your expenses.
Choosing your children schools and location allows you to properly plan according to your family's needs.
Deduction of your expenses in your taxes creates savings.
8/30/2010
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