Page 46

19857PM

Homeownership Benefits Extend Well Beyond Property Boundaries Most Americans consider homeownership to be the single best long-term investment ������������������������������������������������������������������������������- ty, especially as home values continue to strengthen. Despite the economic rollercoaster during the recession, homeownership has endured as the foundation of the American Dream. Owning your home ������������������ ������������������ ������������������ ������ �������� ���������� ������������ ������������ ������������������ ������������������ �������� ������- tional wellbeing for you and your family, but it also leads to increased stability for the surrounding community. These are some of the advantages homeownership can bring. �������������������� ������������������ ���������� �������������� ��������������- ble to talk about homeownership without mentioning its most widely recognized ���������������� ������������������ ���������������������� �������������� �������� appreciation factor (home values were up �������� ���������������� ���������������������� ������ �������� ���������� ���������������� ������ ���������� ������������������ ������ �������� ���������� ���������������� ������ 2015), the monetary advantages of owning a home become most evident around tax time. American home owners saw their tax bills trimmed by a total of more than $100 billion in 2014. Those who itemize their federal income tax deductions can deduct 100 percent of their mortgage interest ���������������������������������������������������������������������������������� a maximum mortgage amount of $1 million. Other deductions include the interest paid on up to $100,000 of home equity loans, state and local real estate taxes, and any potential mortgage insurance premiums. ������������ ������ �������������������� Homeowners’ commitment to their community is often expressed through a higher level of civic participation – via volunteer programs, church and school activities, and property maintenance – resulting in a positive impact on their “social capital.” Recent studies also have consistently ������������������������������������������������������������������������������ likely to become the victims of a crime. Stable neighborhoods with a predominant structure of homeownership consistently display stronger social ties among the residents. This generates added motivation to maintain a safe environment for themselves, their families and their neighbors. �������������������������������� �������������������������� Above all else, having full control of one’s own �������������������������������������������������������������������������������� There’s an intangible sense of accomplishment that comes from being a homeowner. The freedom to personalize and make improvements to the home helps build equity in the home and increase satisfaction for the owner. ������������������������������������������������������������������������������- ownership contact Hickory & Catawba Valley Home Builders Association at www. hickoryhba.com or 828-322-6482. Simplify. Streamline. Selection Center. At Ferguson Selection Center, our knowledgeable associates make fi nding the right kitchen and bath products easy. Here, you will fi nd an assortment of quality products from top brands in a comfortable setting. We simplify the process by getting you exactly what you need for your next building or remodeling project. Visit us today at one of our convenient locations. Hickory 241 First Ave. SE (828) 324–8006 ©2017 Ferguson Enterprises, Inc. 0217 404956 ferguson.com 44 Hickory & Catawba Valley Parade of Homes 2017


19857PM
To see the actual publication please follow the link above