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Wednesday, July 15, 2015

Retirement with Homeownership

Years ago I remember my uncle coming into the family dining room with two stacks of receipts - each a few inches high. He had saved 23 years worth of rent receipts from his then landlord (there were other landlords before that). He was trying to make a point to the family - he had rent receipts - his landlord had the building. My uncle had no equity to fall back on - nothing. He had receipts. Getting to ownership may require sacrifices along the way but there are plenty of advantages. A home could also be your largest asset. See what you think - checkout this latest article