Don't throw your Money away!!!!!!!

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Thinking about buying a home anytime soon, is this even in your future plans?

Well here's some advice if you think you will ever own a home think again, this is a big miss conception in the U.S. Now here is the reality- for some people buying a home is a great thing a good investment, that's all it is a investment it's like everything else with value a investment.

Why do i say that here's why- you will never own any property in the United States, you will always make some type of payment to some financial entity. If you don't believe me after you pay off your house miss a couple property tax payments and see what happens. So men let's stop thinking you will own a home think of it as a investment and use it as a investment.

It's been said (why rent when you can buy)-ever heard that before. The only time or reason to buy a home is when it benefits you and your family nothing else.

If your mortgage, insurance and property taxes are not less than your rent then what's the point. I know i know what you are saying why should you pay someone else mortgage by renting. To some degree we have been brain washed in believing this, if you are paying $800 in rent why not buy for let's say $1000 mortgage.

But what they don't add in is the property taxes, insurance and all the maintenance that comes with it. But i will say if you can get your mortgage, taxes and insurance the same or less than your rent then you should do it.

Bottom line is to do your homework before you sign anything know what you are getting yourself into and don't just take people word for it. Please don't do the balloon rate thing you will lose only go with a fixed rate that doesn't change. Be careful out there!!!!!!!!!

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