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Belmont Hills and Renaissance at South Park – Now Offering 3-Story Townhomes with Basements – Have you chosen your new home yet?

Owning a home has great financial benefits.

In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:

“Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ savings with mortgage amortization and nominally fixed payments, and the potential to lower home maintenance costs through sweat equity.”

Let’s breakdown 5 major financial benefits of homeownership:

1. Housing is typically the one leveraged investment available

2. You’re paying for housing whether you own or rent

3. Owning is usually a form of “forced savings”

4. Owning is a hedge against inflation

5. There are still substantial tax benefits to owning

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AWARD-WINNING Rocklyn Homes has two featured communities this week that will help you to get the most bang for your buck!

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