florida home buyers: Mortgage payments similar to monthly rent payments.
- 06/19/15 01:08 PM
If you are a renter, you're paying for someone else's mortgage payment. You're missing out on the appreciation that the property gives to the owner. Appreciation is a real estate term, meaning added value to the property.
Renters don't get to freeze their monthly housing expenses like home buyers can. Of course, many home buyers get mortgage payments with adjustable interest rates and their payments go up over time. However, these payments will not go up over the long term like rising rents. Just think about how much an apartment costs today compared to ten years ago. Home buyers … (0 comments)
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If you are a renter, you're paying for someone else's mortgage payment. You're missing out on the appreciation that the property gives to the owner. Appreciation is a real estate term, meaning added value to the property. 
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