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Tuesday, December 20, 2016

Winter Rerun

Sure, we have shared this before, but it is important and some of you may have not seen it the last two times:-) Whether You Rent or Buy: Either Way You’re Paying a Mortgage. At the end of 30 years you could have a paid up mortgage and a great investment or you could have a stack of receipts and a payment due for next months rent. Why not avoid rent and enjoy a 30 year fixed rate payment? It is fixed with the exception of property tax and insurance but renters insurance will go up too! Your living cost can be an expense - or an investment. Your landlord chose investment. You are making the payments. If something does go wrong along the way, you can sell the home. You cannot sell the rent receipts. That is a cold hard reality. Folks, owning your own home is a way to increase your wealth. Check this out