It's National Homeownership Month ~ Reason #6 To Own Your Own Home

Thanks, Chris and Dick Dovorany ~ I had actually not given much thought to the issue of needing some money if one loses a job. Of course, that means they need to have a HELOC set up in advance as they won't get it without a job and be disciplined enough not to use the money until/unless completely necessary.

Hi Brian England ~ my day sure is busy, I can say that about it. Negotiating a contract, meeting with a client who'll be both a buyer and seller, showings to a serious buyer--what's not to like or enjoy?

Bob "RealMan" Timm ~ I think you make an excellent point in this regard. It's unfortunate that so many people depend solely on the equity in their home for retirement savings, but in the end, it's better than nothing.

Thanks, Frank Rubi, MBA ~ for following this series and finding it worthwhile to read.

Gabe Sanders ~ good morning, Gabe ~ that was precisely my point, that it's a great option when needed and can provide peace of mind.

James Dray ~ now there's a great reason for a HELOC that I didn't mention in my post.

George Souto ~ good morning, George. An equity loan is good so long it is used from responsible "investments." And it can provide some peace of mind.

Joe Petrowsky ~ good morning, Joe... and people have made comments adding a few more good uses for equity, such as starting a business, providing some relief if out of a job temporarily.

Conrad Allen ~ good morning, Conrad, and thanks! What you've said is what I've been saying for a long time.

Roger, Roger, Roger... you sure do crack me up! I suppose siblings have to be good for something!

Roger D. Mucci

Thanks, Wayne and Jean Marie Zuhl... and thanks for the follow. I'm returning the favor. Hadn't realized that in all this time I'd never done so "formally."

Thanks, Larry Johnston! I've got a few more reasons up my sleeve to roll out in the next week.