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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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