True Florida Real Estate Buyer's Handbook
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Benefits<br />
of Home<br />
Ownership<br />
Studies show that homeownership has a<br />
significant positive impact on net worth,<br />
educational achievement, civic participation,<br />
and overall quality of life.<br />
Owning a home is one of the best ways to<br />
build long-term wealth. Historically, a<br />
homeowner's net worth has ranged from 31<br />
to 46 times that of a renter.<br />
Owning a home offers many tax advantages<br />
which can save money.<br />
Homeowners have the freedom to<br />
redecorate and renovate their homes as<br />
they wish.<br />
A fixed-rate mortgage provides stable<br />
housing costs while rents typically increase<br />
3% per year.<br />
Homeowners are happier and healthier<br />
enjoying the pride of owning a home of their<br />
own.<br />
Buyer <strong>Handbook</strong><br />
<strong>True</strong><strong>Florida</strong><strong>Real</strong><strong>Estate</strong>.com