The main reason to buy a home is that it is all yours! You can paint it. You can put up pictures. You can improve it your way. You can install new appliances. You can renovate with new carpets or hardwood floors. You can add a patio and barbecue in the back yard. Go ahead and decorate, remodel, or add on an extra room for your expanding family.
Renters have many rules and restrictions to follow. Maybe you want to have a pet but your landlord says “no”. Perhaps your ailing grandmother wants to come live with you so you can take care of her at home. But as a homeowner, there are no landlord restrictions limiting pets or people in your home. The children can get a puppy if they want to. Your family members can move in and you do not need permission from a landlord. Also, when you are a homeowner, there's no landlord to give you a notice to move out. You don't have to move unless YOU want to. Your home is all yours to enjoy for many future generations.
Read more in our book, "Buy Your First Home", http://preview.tinyurl.com/cs4724e.