Advantages of home ownership in Lewisburg, Tennessee include:

1. Equity: Owing a home in Lewisburg, Tennessee can help build equity over time. As you pay down your mortgage and the value of the property increases, you may be able to sell your home for a profit or use the equity to take out a loan for other purposes.

2. Stability: Owning a home in Lewisburg, Tennessee can provide stability, as you have a place to call your own and can make improvements to your liking without worrying about a landlord's permission.

3. Tax Benefits: Homeownership in Lewisburg, Tennessee can provide various tax benefits, including deductions for mortgage interest, property taxes, and certain home-related expenses.

4. Pride of Ownership: There is a sense of accomplishment and pride that comes with owning a home. You can make it your own, personalize it to your taste, and take care of it as part of your own legacy.

Disadvantages of home ownership in Lewisburg, Tennessee include:

1. Maintenance and Upkeep: As a homeowner, you are responsible for maintaining and repairing your property. This can entail significant expenses and take a lot of time and effort.

2. Expenses: Homeownership in Lewisburg, Tennessee involves a variety of expenses other than the mortgage payment, such as property taxes, insurance, and utilities.

3. Limited Mobility: Owning a home in Lewisburg, Tennessee can limit your flexibility and mobility, as it can be harder to move for work or personal reasons. Selling a property can also be a complex and time-consuming process.

4. Market Fluctuations: The value of your property can fluctuate with the local real estate market, which can impact your ability to sell at a profit or refinance your mortgage. The Covid-19 outbreak has an impact in almost every market in the globe.