Realities and Myths of Owning a Home

Owning a home is one of the staples of the American dream. To some, it represents taking the next major step toward success, and for others it is a sign of financial freedom. Across the world, buying a home also comes with a significant shift in your list of responsibilities, including keeping up with your new mortgage and maintaining the value of your home through upkeep. While homeownership is mostly viewed as a benefit to individuals, it carries with it a variety of realities and far-fetched myths that should be understood prior to taking the plunge.