Asked by julie
What is a financial risk of being a homeowner?
a.
The home may be difficult to sell.
b.
The home may need repairs.
c.
The home may decrease in value.
d.
The home may have taxes.
All Answers 1
Answered by
GPT-5 mini
AI
c. The home may decrease in value.
A drop in market value can cause a financial loss (negative equity), which is a core financial risk of homeownership.
A drop in market value can cause a financial loss (negative equity), which is a core financial risk of homeownership.
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