Social Benefits of Owning a Home

Social Benefits of Owning a HomeHomeownership and Happiness

Making the decision to purchase a home is an important one that many are forced to consider at one point in time. If you are having trouble deciding between purchasing your dream home or continuing to rent, consider these benefits of homeownership. Although there are immediate expenses of purchasing a home and it may be a strenuous process, the benefits in the long run may persuade you to purchase.

Owning a home does not only improve the happiness, health, and financial security of a family, but also leads to an increase in children’s school performance. Children that came from families who owned homes showed an increase level of confidence, better behavior, higher grades, and a greater enjoyment of school. In addition, teenage students who were raised by home-owning parents decided to stay in school more often than compared to those in renter households.

If you have been on the fence about taking the next step to purchase, now is the time. Making the switch from renting to homeownership has been proven to have a direct correlation to an increase in children’s educational performance, participation in community and volunteering activities, health care outcomes, and lower crime rates. Becoming a homeowner is not only a smart financial decision, but also a beneficial social decision. If you are looking to insure the success of your family not only financially but socially as well, purchasing a home might be the right decision for you.

If you are interested in taking the next step to purchase a home, contact Avis Lending. We are here to provide you with all of the homeownership knowledge that you need to know. With offices conveniently located in Irvine, California and Lahaina, Hawaii, we are here to serve as your one-stop shop to all of your west coast home loan needs.

 

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