Many strive for homeownership. While renting is a great short-term solution for a living situation, owning a home provides several additional benefits. A home that you own can be customized to suit your needs more than a rental space. Your mortgage payments also build equity in the home that can benefit you if you refinance or sell the home.  Another advantage that homeownership has over renting is the ability to invest in home improvement. Renters can rarely make significant changes to the living space, whereas homeowners can take on big construction projects and renovations if they like.  In the interest…