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Are You Ready For Home Ownership? Home ownership has its benefits - no monthly rent checks, the freedom to do with your home as you please (notwithstanding neighborhood covenants), the ability to recoup your purchase price, and knowing that every month you're building financial equity in the home.However despite all the positive aspects of owning your own home, it isn't always easy. Home ownership comes with responsibilities,...... Similar Editorial : by Tom Levine. | Source : Rent Lease Agreement