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Building equity in a home is a good thing because
mortgage payments decrease as equity increases.
credit scores increase as equity increases.
equity in a home increases the homeowner's net worth.
• property taxes decrease as equity increases.

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Tundexi

It is a good decision to build equity in a home because its increases the homeowner's net worth.

Home equity refers to the value of one's house less the owed amount of mortgage/home loan.

Usually, building of equity in home can be a long-term strategy for building wealth.

Hence, it is a good decision to build equity in a home because its increases the homeowner's net worth.

Therefore, the Option C is correct.

Read more about Net worth

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MidnightPepsi

Answer: C- equity in a home increases the homeowners net worth

Explanation:

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