For Most Homeowners,the Most Important Financial Reason for Owning a Home

question 62

Multiple Choice

For most homeowners,the most important financial reason for owning a home is

• A)security for loans.
• B)an inflation hedge.
• C)a tax shelter.
• D)a cash flow item.
• E)psychic income.

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Definitions:

Response Message

A reply or answer communicated back to someone after receiving their message or query.

Complying

The act of following orders, rules, or requests, adhering to regulations or standards.

Routine Inquiry

A standard or typical request for information regarding a product, service, or procedure, usually in a business context.

General Statement

A broad and non-specific assertion or declaration that applies to many situations or instances.