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.