The pros and cons of buying a home Pros Pride in ownership Control over property Often a good investment Builds financial responsibility Cons Not good as a short-term investment Big financial commitment Responsible for upkeep and repairs Can be difficult forfirst time homebuyerswith little to no cr...
Find Out:Is It Best To Buy a House, Condo, or Townhouse? Significant tax benefits One of the biggesttax benefits available to homeownersis the ability to deduct what you pay in mortgage interest from your taxable income. Another useful deduction is fordiscount points, which borrowers can pay ...