Voted "Best of Prince William 2005, 2008 & 2009." "Realtor of The Year 2010 (PWAR).
Home ownership means the money you pay for shelter every month is an investment in your future, not someone else's. Each mortgage payment builds equity - the difference between what your home is worth now and what you paid for it. When you sell, you collect the equity as your profit. Or you can tap the equity for college tuition loans or retirement funds at a rate generally lower than those available on personal loans. Plus, paying on and ultimately paying off a mortgage is an excellent way to establish a good credit rating and prove financial stability.