Reasons to Buy A Home
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I'll continue to squat for now and save my money.
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Realtors lie.
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I have a mortage and I still dont know where i want to live.
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@Doughnutchef not if you buy your parents old house!
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You think the house values dont go up in 30 years? Just be smart and sell when the prices are high, but there is just slight problem how to know when the top has been reached.
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Typical renter, only gets happy when others go down worse than he does.
2 years ago 2
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Im watching all my friends that called me an idiot for not buying a house get forclosed on.
Happy days for me!!!!!!!!!!!!!!!!!! When I got laid off my famialy simply moved to a cheaper part of town. Buying a house is like buying a ball and chain imo, exept the ball part is your house.
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The 400,000 has no meaning when choosing an investment (Your adding sums of money at different points in time). There is a TVM component that must be considered
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Homes are notoriuosly bad long-term investments,except for the greedy banks side.From closing costs,loan application fees,taxes,upkeep.Example house cost$150,000 30 yr.You pay back bank $400,000($1100mo),interest on loan 200,000.Property taxes payed during 30years=$50,000.Great investment huh?
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Good Tips!!! I like your channel!!
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I asked myself the same questions before I bought my first condo a month ago. One of the reason I decided to buy is no matter which choice I make, if my income had to decrease for some reason, I'd still have to deal with my lease and I'll have to pay for a place to live in.
Great videos.
Mr0bserver 2 years ago
Thanks for your comment. Enjoy being a new home owner!
ExpertRealEstateTips 2 years ago
Thanks. I'm glad you're enjoying it.
ExpertRealEstateTips 3 years ago