Everyone has their own reasons for owning a home; some for investment purposes, others for equity, tax breaks, and stability. How do you know if owning a home is right for you? Family, friends, media and real estate professionals all tout the pros and cons of homeownership, often making it even harder to make a decision. Buying a home involves a large investment of time, energy and money. Therefore, it is important to look at several facets involved in owning a home. If you are trying to decide whether now is the time for you to buy a home, here are just a few of the aspects to consider: Financial Stability-unless you have lots of cash sitting around or the means to legally get it, you will need to obtain a mortgage to purchase a home. With the recent real estate market bubble burst...
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