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BUYING Your New Home
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Advantages Of Ownership
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A home is one of the most important purchases you can make. If you’re considering buying a home for the first time, consider the advantages of homeownership:
- Your mortgage interest is likely tax-deductible
- You have the potential to start building equity
- You can have pets, if you’d like
- You will likely have more control over a mortgage payment than rent
- You can decorate and paint the interior of your home however you’d like
- You can design and tend your own garden, consistent with your neighborhood’s guidelines
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