Nancy Wong has decided to move from her apartment into a house she is purchasing.She wants to enjoy the advantages of home ownership,such as
A)a chance to build equity and wealth.
B)greater control over decorations and home improvement.
C)mortgage interest will probably be a tax deduction.
D)over time being able to take out a home equity loan to enjoy a tax deduction.
E)all of the above.

Question

Quizplus · Accepted Answer

All of the above advantages are benefits of home ownership that Nancy Wong can enjoy by purchasing a house. Building equity and wealth, having greater control over decorations and home improvement, and the potential tax deduction for mortgage interest and home equity loans are all incentives for choosing to own a home.

Nancy Wong Has Decided to Move from Her Apartment into a House