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Renters Are Paying A Mortgage — Their Landlord's
Renters Are Paying A Mortgage — Their Landlord'sLet's take a look at just two of the many financial benefits of buying a home instead of renting. Some people are so afraid of the notion of debt that the thought of having a mortgage loan keeps them from buying a house, and instead they continue to rent. And while they don't have a mortgage of their own, it's important to realize that unless you are living with your parents rent free, you are paying a mortgage – either yours or your landlord’s, and believe me, you are making your landlord RICH! By renting, you are providing your landlord with Multiple Streams of income which could instead have been yours! For more tips and market advice for home buying or selling in Alexandria, Va. Go to my personal website for regular updates and information ComeHomeVirginia.com Locked-In Housing CostYou've probably heard the saying, "There is no such thing as a sure thing," or "...in this world nothing can be said to be certain, except death and taxes,” which is usually credited to Benjamin Franklin from a letter he wrote in 1789. I would humbly submit that another sure thing is that rents go up, and if you live in the Northern Virginia Metro region, whether you are in Alexandria, Arlington, Fairfax, Falls Church or Prince William County they almost certainly are ... more
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