Socially Significant Reasons to Buy a Home

By Paul Durry

Industry Observer with Collateral Specialist Inc

September 20, 2007 07:32 AM

Buying a home is likely to be the most important financial investment you'll make in your lifetime. Did you know that when you invest in a home, you may also be investing in the emotional well being of your family?

Studies have shown that homeownership has benefits well beyond the financial; according to the Homeownership Alliance, families who live in their own homes are more likely to form friendships with neighbors. Befriending neighbors is thought to cultivate stronger community bonds and people who genuinely care about others and their neighborhood tend to put more effort into upkeep, social activism and community improvement.

As a result of this level of involvement, most neighborhoods that are comprised of houses, as opposed to rental properties or apartment complexes, experience less crime and tend to actively work toward remedying local problems.

Living in a caring community will have many benefits for you and your family, so when you are ready to purchase a home, call me. We can discuss the financial benefits of this sound investment, as well as the improvements that you'll be making to the lives of those you love.

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