-         A place to raise your children and pets.

-         You can become part of community.

(2)   Tax Savings.

-         3 Major income tax deductions:

          1.      Interest on the home mortgage

          2.      Property Taxes

          3.      Points connected with the loan.

-         It is possible after figuring these factors that you may pay less to own a home than you would to rent.

(3)   Possible fixed monthly payments.

-         If you choose a fixed rate mortgage (a mortgage that stays the same for the life of loan) you'll pay the same mortgage payment each month for the entire life of the loan. (Caution: If your property taxes go up, your escrow will go up which would increase your monthly payment)

-         According to the National Association of Realtors most recent Commercial Real Estate Outlook report, the average rent is to rise 5.3% in 2008.  This is after an average increase of 3.1% in 2007.

(4)   Building a Nest Egg.

-         For most individual owning a home and building equity is the single greatest source of financial security.

-         A Federal Reserve study has shown that the average homeowner's net worth is 46 times the net worth of the average renter.