What are the advantages of home ownership?

A. A home is generally a sound investment because each month when you pay your mortgage payment, you are building equity. The longer you stay in your home, the more equity you build. A home can often increase in value over the years, building even more equity.

B. The interest you pay on your mortgage can be tax deductible. Some of the real estate tax you pay may also be tax deductible. Consult your tax advisor for more information.

C. Pride in home ownership.

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