How to appreciate what you have and ways to give back to the community | America's Preferred Home Warranty
November 23, 2021 | By

How to appreciate what you have and ways to give back to the community

APHW
White capital wooden letters spell out "HOME" with a red wooden heart hanging from a bow-tied piece of twine standing in for the "O" on a tan-gray wooden table

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.

Assorted photo frames hang on a beige wall with 1-2 people in each photo at different life stages

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.

Four tan bags on a light wood seesaw on a white table in front of a green background; the front left bag reads "RISK", the front right bag reads "REWARD", and the back left and back right bags are on their sides, with their tops facing right

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!

A slender woman in a blush sweater and dark skinny jeans sits on a gray couch while reviewing finances; on the clear, round, glass table in front of her rests a laptop and a full cup of coffee to her right, and to her left is a pen, an assortment of papers, a big black calculator, and a succulent in a small white pot with black polka dots

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.

A Hispanic woman in a green sweater, white camisole, and light blue jeans is twirled by a Hispanic man in glasses, a blue button-down shirt, and gray slacks in their monochromatic tan living room with 6 large cardboard boxes and 2 plants behind them

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.

Magnifiying glass next to a calculator and pen over sheets of different graphs

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.

A red ceramic heart with small white dots sits in the hands of a Blended child in a gray-and-white long-sleeved shirt inside the hands of a Blended grandfather in a gray button-down shirt (forearms only) on a light wood table

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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