Question

Select all of the benefits to buying a home:________

1. Property maintenance and upkeep are your responsibility.
2. The value of the home generally increases over time.
3. The equity in your home increases.
4. You can take out a home equity loan.
5. There are many costs, such as real estate taxes and PMI.
6. Once the mortgage is paid in full you own the home.
7. You can make improvements to the place.
8. It is not easy to move.

Answer 1

Answers:

You can take out a home equity loan.

The equity in your home increases.

Once the mortgage is paid in full you own the home.

The value of the home generally increases over time.

You can make improvements to the place.

Answer 2

The following are some of the options that benefits to buying a home:

2. The value of the home generally increases over time.

3. The equity in your home increases.

4. You can take out a home equity loan.

6. Once the mortgage is paid in full you own the home.

Step-by-step explanation:

A home is a place used for living by humans. House, apartment, mobile home and houseboat are some of the forms of homes. If we own a house for ourselves, it offers lot of benefits.

Some of the benefits of buying own house is the value of home generally increases over time. It becomes good investment. An individual can enjoy the pride of ownership. Privacy of the individual can be ensured. The equity in the home can be increased.