There are several advantages to homeownership, but there are also some disadvantages. Review some of the pros and cons below to decide whether homeownership is right for you.
Pros | Cons |
---|---|
Equity Investment | Mortgage Debt |
Tax Deductibility of Interest Payments | Market Risk |
Tax Deductibility of Property Tax Payments | Property Tax |
Stable Housing Costs | High Cost of Homeownership |
Freedom and Control | Decreased Mobility |
Repairs and Maintenance |
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Affordable Housing Clearinghouse is a non-profit organization that provides financing for affordable housing and homeownership.
Get in touch if you’re having problems, need something specific or have questions about of our services.