Here’s Why It’s Better to Own a Home Than to Rent. » Mortgage Masters Group

My colleague Ta-Nehisi Coates detailed contract-for-deed arrangements-also called rent-to-own. better than to enter into this type of contract, that he should have read the fine print. That he.

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The question on the minds of Americans who are in foreclosure, delinquent on payments, or are making payments but not sure if they are paying the right company

A GEM lets you pay off the home mortgage earlier, Also, making a small down payment frees up cash that you can use to meet unexpected home improvements. Some real estate experts contend it is more economical, however, to.

So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell. Big-ticket items: Regardless of whether you rent or sell your home, you’ll want to address issues with your home’s major systems, like the roof, furnace, water heater, and electrical panel.

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Now that housing is too expensive to rent or own here in Seattle (I make only 94,000 so obviously I don’t speak for everyone – only wage earners) living in a van or other auto is the obvious solution. My job pays for gym membership where I shower and groom every morning before work.

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When you own a property, all your money is stuck in the house and because you can’t sell a brick or window to pay off your house, you have to continue being a bitch to your boss in order to pay the mortgage, insurance, and property taxes. And if you decide to rent your place out, you become a bitch to your tenants.

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‘Owning a house is a pain in the *** unless you’re loaded’. We bought reasonably priced used cars from reliable individuals. They got more money from us than they would have from a dealer, and we got the cars for less money than we would have paid to a dealer. We have investments – we’re not stupid.