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.
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Answer 1

The benefits are 2, 3, 4, 6 & 7. The benefits listed are more on the business side in house purchasing. It is said that it is a good form of investment. You can stop paying for rents and have a sense of ownership, eventually, you can rent out or sell your house for higher values. Nowadays, owning a house is also quite easier due from easily accessible loans.

Answer 2

Answer:

IS 2 3 4 6 AND 7!

Step-by-step explanation:

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