From closing to legacy: Holistic support for homeownership

For the past several years, the Community Foundation for Greater Atlanta (the Foundation) has focused our efforts on four systems that were raised as critical areas of need in Metro Atlanta, one of which is Housing and Neighborhoods. This National Homeownership Month, we’re focused not only on supporting residents who are interested in becoming a homebuyer for the first time, but also on legacy residents looking to remain in their home, and in their community.  Homeownership provides access to equity and the opportunity to create generational wealth, and it is important that homeowners take steps to preserve their investment and ensure they are able to realize the full benefit of the equity their investment offers. Homeowners in Metro Atlanta can apply for the Homestead Exemption once their new home purchase is complete, and should do their best to stay on top of home repairs and maintenance to prevent a buildup of expenses. To protect the long-term impact of their investment, homeowners should also ensure their title remains clear when the time comes for their house to pass to the next generation.& Many homeowners are familiar with the basic process of estate planning. The homeowners named on the deed of the...