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Buying a home or land for sale from real estate companies in Sri Lanka is undoubtedly one of the biggest financial decisions that an individual will make in their lifetime. There are, however, many benefits to owning and investing in real estate rather than renting. Whether you are just starting as a young professional or you are ready to take the plunge and buy your first place, the following article has everything you need to know about buying a home.  What are the benefits of owning a home? Owning a home is one of the best ways to build wealth. Owners can build equity by paying off their mortgages. This is because mortgages are generally liens, which means that the lender is entitled to the full amount of the mortgage if the house is declared bankrupt. Equity, on the other hand, is the difference between your purchase and sale price and helps you break even if you choose to sell. Owners who never sell their homes can build equity and continue to build wealth over the long term. The