The Top 4 Benefits Homeowner Families Have Over Renters
Wednesday, 22 November 2017
by Mercer Savings Bank
There are a lot of benefits to owning a home vs. renting. Being part of a home- owning family gives your children an extra boost when it comes to social opportunities, community involvement, overall health, and educational performance. And the best part is, the advantages of owning a home don’t depend on how wealthy
- Published in First-Time Homebuyer
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Can My Home Help Pay for My Child’s College?
Wednesday, 15 November 2017
by Mercer Savings Bank
When you’re looking for ways to help your child pay for college, don’t overlook one of your biggest assets: your house. Your home can help pay for your child’s college in two ways: a home equity loan or a home equity line of credit. Both are solid options for covering the cost of college. After
- Published in Miscellaneous
Growing Family, Growing Home
Wednesday, 08 November 2017
by Mercer Savings Bank
You love your house. When you first moved in, it was the perfect fit for you. Not too big, not too small–just right. But now your family has grown and the house is starting to strain at the edges. So what do you do? Well, your two main options are moving to a larger house
- Published in Miscellaneous
Grow Your Wealth with Homeownership
Wednesday, 01 November 2017
by Mercer Savings Bank
There are a lot of financial benefits that come with homeownership: you accumulate wealth, you receive special tax breaks, you save money in the long run compared to renting, and you build your credit along the way. Most first-time homeowners aren’t entirely new to large financial obligations because they’ve already invested in college or a
- Published in First-Time Homebuyer