5 Extra Benefits to Home Ownership

Owning a home is a big part of the American Dream. Did you know that apart from pride of ownership and a number of tax benefits, there are some more benefits of home ownership? Read on...

1. Higher Academic Achievement:

1.Home owners are more involved in their children’s lives and that makes for better grades.

2.Home owners don’t move around like renters, so children have a more stable environment.

2. More Cohesive Communities:

1.Home owners take care of their homes.

2.That nosy neighbor is really your big ally.

3. Stronger Families:

1. Home ownership builds stronger families - they volunteer at schools, coach athletic teams       or become scout/troop leaders

2. Less likely to have alcohol or substance-abuse problems

4. Improved Health & Safety:

1.Home owners enjoyed better physical and emotional health.

2.Since they have a financial stake in their homes, they are motivated to deter crime in their neighborhoods.

5. Stronger Economy: Each home purchase generates as much as $60,000 of economic activity in the surrounding area.

From National Association of Realtors

 

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