The scent of Thanksgiving Day is in the air, and America’s Preferred Home Warranty (APHW) wants to keep the gratitude going this season by celebrating National Roof Over Your Head Day! Here are some things you as a homeowner can be thankful for every day of the year.

1. Home is where you make memories that will last forever
Whether you’re gathering with friends, creating family memories, or spending some much-needed time alone, your home is the center of many long-lasting traditions and wonderful experiences. It’s no wonder why so many great writers, poets, and thinkers consider home the place where we find love, fulfillment, and most of all, peace of mind.

2. Home is an appreciating asset
Another joy of having a home is that it is often a good financial decision. Since most homes increase in value over time, homeownership is usually a wise investment. In fact, the average homeowner gained $9,800 in equity in 2020 alone – which is something every homeowner should be thankful for!

3. Home can help you reduce living expenses
As rental costs rise, homeowners can breathe easy knowing that once their home is purchased, their payments will remain steady, depending on their loan agreement. Plus, with expenses such as utilities, food, and other essentials creeping up due to inflation, homeowners can more easily adapt their budget to maintain their lifestyle, due to not having to account for increased housing rates.

4. Home gives you more control
When you own a home, you don’t have to deal with having a landlord who can enter your unit for periodic inspections or routine maintenance. What’s more, homeowners don’t have to live by the rules set by apartment complexes, which may control where you park, dictate how many guests you can have, or put limits on your pet options (though zoning laws and HOA by-laws may apply). Most importantly, owning a home lets you make improvements without needing prior approval, giving you the freedom to upgrade or enhance your home any way you choose.

5. Home comes with mortgage tax benefits
The Tax Cuts and Jobs Act of 2017 ensures homeowners can still deduct mortgage interest from their income taxes, giving you more budget flexibility than people who rent. Add to this a range of other tax deductions like closing costs, repairs, and other household expenses many homeowners can access, and you have more opportunities to reduce your tax liabilities.

Help others experience the comforts of home through end of year giving
Owning a home is the gift that keeps on giving. If you’re looking to give back, you can give financially (or of your time) to any of the various charities and nonprofits we support, including Child and Family Charities and Relay for Life.
When it comes to the peace and joy that having your own home provides, not many things can protect it like an APHW home warranty. In the event of an unexpected breakdown of a major home system or appliance, our prompt service can help you quickly restore your sanctuary. If you’d like to speak to someone about your options, contact our award-winning customer service at 866.589.5767.
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