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Home ownership may be the second biggest financial commitment a lot of people ever make - the largest being children.Home ownership has great benefits along with heavy responsibilities.Following are what to consider when taking the plunge into home ownership.Plan to remain PutHome ownership is typically not your best option for you if you cannot invest in remaining in a single place for 3 to 4 years...

There are benefits and drawbacks to purchasing in a buyer-favored market.Advantages include low prices, less competition, and vast inventory.The disadvantages of shopping for once the market is slow are that the worthiness of one's investment may drop before it rises again.For this reason, it's not best if you buy in this sort of market if you don't plan to stay static in the house for at the very least 5 years...