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HOME Program: Homeowner Management Education
Bob White, Martha R. Johnson
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Pages / Length: 20
Publication Date: 10/10/2002

You are about to buy your own home! That is a wonderful thing. Owning your own home is a great way to save money. That’s right. When you make your house payment each month, you are paying for something that will one day be all yours. That doesn’t happen when you pay rent. When you make a house payment, you own part of what your house is worth. When it’s all paid for, whatever your house is worth is all yours. That’s why buying your own home is a great way to save money.