buttons

Thursday, December 1, 2016

Homeownership = Investment

5 Reasons Why Homeownership Is a Good Financial Investment. The best reason is "it's yours". 30 years seems like a long time but there is one thing hugely different between paying the mortgage for 30 years and paying the rent for 30 years. Pay off the mortgage and "it's yours". You can live there, you can borrow on it, you can sell it, you can leave it to someone. Then, 30 years of paying rent means - you keep on paying rent. Your landlord loves that. You paid the landlord's mortgage. Which do you prefer? Read more