A home is the biggest and best real estate purchase most people will ever make in their lifetimes. For most people, the purchase of a home can also offer a comfortable place to live and peace of mind.
Beyond those ideas though, is the fact that homeownership is a secure purchase that can offer a positive return on investment. There is no ROI when you’re renting, so purchasing a home is the right choice in the long term.
As you pay your mortgage down, the ROI can rise, and your ability to move into a larger home, update your existing home, or pay off your mortgage becomes a real and exciting possibility.