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RENTING VS OWNING
This is for all the renters out there. Tired of paying someone else's mortgage? Yes buying a house is scary and expensive. But with the new mortgages that are being offered from Canadian lending institutions renting is no longer neccesary. 0% down payments. 40 year mortgages. These are all possible. People with shaky or no credit can get a mortgage under the right situations. The benefit of home ownership is pride. That first morning when you wake up in YOUR home is great. Nobody can tell me anything. I can paint my livingroom purple today. Whatever you want. Once you are over the emotional feeling and living in your home you will see the appreciation starting to happen. House values usually rise. After paying your payments for a few years you will start to see something amazing happen. That mortgage starts to lower and you actually paid off some of your mortgage. So your mortgage amount drops and your house value goes up! Your house is worth more and you owe less.Plus - Noboby can tell you what to do! This is my house! Great times!!! Yes it is but with home ownership comes responsibilities. You are responsible for actions that ... more

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