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Advantages of Home ownership
by your Woodbridge VA Realtor®
There are so many advantages of home ownership. Lets look at some of the advantages of home ownership.
- You are owning a home and you can do whatever you want. You do not need to get the landlords permission if you want to paint your kitchen cabinets, or bedrooms. You can do anything you want as long as its allowed by the HOA if you live in an HOA.
- You are accumulating wealth. The money you are paying for your mortgage will help you to put money into your own pocket
- If you have pets you do not have to worry about security deposit. You own the home and you do not have to worry if a landlord will allow pets
- Tax benefits of home ownership. Once you own a home you can deduct interest paid from your taxes.
Overall owning a home will give you so many advantages. Stop making your landlord rich, put the money into your own pocket.