Homeowner since July of 2014
I Purchased a brand new 3 bedroom, 2 ½ half bath home located in Richmond.
I received Grants and Down Payment Assistance totaling $40,000
I purchased my home because the mortgage payment was the same amount I was paying in rent.
Advantage of home-ownership is the additional taxes savings and pride of ownership.
Disadvantage to home-ownership is that I no longer having a maintenance person to come fix things.
I encourage you to look into home-ownership. You may be surprised at how much you can afford.