1. Briefly describe the various benefits of owning a home. Which one is most important to you? Which is least important? 2. What does the loan-to-value ratio on a home represent? Is the down payment...

1. Briefly describe the various benefits of owning a home. Which one is most important to you? Which is least important?

2. What does the loan-to-value ratio on a home represent? Is the down payment on a home related to its loan-to-value ratio? Explain.

3. Why is it advisable for the prospective home buyer to investigate property taxes?