Buying a home provides a wide array of benefits. In terms of cost benefits, you receive both a tax deduction and fixed payments. This means that your interest is deductible on your IRS income tax return, and that said interest rate is fixed. Beyond this, you also have the flexibility to overhaul your home in any way you see fit. From basic things like paint colors to complete revisions, you have far more customization options than with a rented property. When considering if buying is for you, take these factors into account. Homeownership is not only a gratifying experience but can ultimately prove beneficial.