Guerrero Boyd
08/02/2023 · Junior High School

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.

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All of the options listed can be considered financial risks of being a homeowner, but if you are looking for the most significant financial risk, it would be: **c. The home may decrease in value.** This risk can have a substantial impact on your overall financial situation, especially if you need to sell the home or if you have a mortgage that exceeds the home's market value. However, it's important to note that the other options also represent valid financial risks associated with homeownership.

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The most significant financial risk is that the home may decrease in value.
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