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Now is Always the Time to Buy in Texas - Ancient wisdom from the Richest Man in Babylon

By
Mortgage and Lending with Fairway Independent Mortgage Corp (Houston) NMLS #168854/#2289

Buy Now Flow ChartMany people in the Houston area and throughout the great State of Texas understand that now is the time to buy a home and choose not to listen to the media outlets that continue to report bad news. At Fairway Mortgage Corp in Houston, we believe the time to Buy is NOW! Interest rates are extremely low and Fairway Mortgage in Houston is a direct lender with money to lend!

Although we understand that there are those that make their decisions to rent (vs) buy based on fear of the unknown, ancient history tells us that NOW is Always the Time to Buy in Texas. 

In the timeless classic, The Richest Man in Babylon, the "Fifth Cure to a Lean Purse" is to "Make of thy dwelling a profitable investment (Buy Now)"! The riches of Babylon were the results of the wisdom of its people. They first had to learn how to become wealthy.

Akrod was known as the "Richest man in Babylon" and was called on by Sargon, the King of Babylon, to share the "steps that lead to wealth".  One of Akron's strong beliefs was the reason why so many people are not wealthy is that too many pay liberal money to landlords.

Akrod states: "All too many pay to landlords liberal rentals. No man's family can fully enjoy life unless they have a plot of ground (own their own home). To own his own domicile (home) and to have it a place he is proud to care for, puts confidence in his heart and greater effort behind all his endeavors".

He goes on to say: "It is not beyond the ability of any well-intentioned man to own his home.  The money that the lenders gladly consider the desires of men who seek homes and land for their families is readily available to pay the brick maker and the builder (or seller)".

"If one can show a reasonable portion (down payment) of the necessary sum which thou thyself have provided for the purpose - then when the home is complete, one can pay the money lender with the same regularity as thou didst pay the landlord. Because each payment will reduce the indebtedness (principal) to the money lender, a few years will satisfy his loan".

Akrod finishes with his most powerful statement: "thus come many blessings to the man who owns his own home!  Thus the Fifth Cure to a Lean Purse is to -- Own thy own home (Buy Now)"!

It is clear that history is written each day and provides great lessons of purpose. NOW is ALWAYS theQR Code The Working Business Card time to BUY in the Houston area and throughout Texas! What was true in ancient of days is truer today.

Fairway Mortgage in Houston Texas provides the mortgage financing to help home buyers in Texas experience the dream of home ownership. Stop making your Landlord's dreams come true and begin to see your family's dreams come true.

Fairway Mortgage in Houston is a National Mortgage Banking firm with offices throughout the United States. In 2010, Fairway Mortgage closed and funded $4 billion dollars in mortgage money throughout the country. This higher loan volume allows Fairway Mortgage in Houston to get access to the lowest rates - and then, by focusing on great customer service and word of mouth marketing, we do not have to waste money on naming rights to stadiums and golfing tournaments to attract clients. This allows Fairway Independent Mortgage Corp to always offer great mortgage interest rates to Home Buyers in Houston and throughout the great State of Texas.

To keep track of current Houston Texas Mortgage Interest Rates, be sure to download our Smartphone App and use the activation code of 4127210000.

Posted by

James Ward is the Branch Manager and a Certified Mortgage Planning Specialist, CMPS® with Fairway Independent Mortgage Corp., a Mortgage Banking firm in Houston Texas; NMLS #168854. James has been in the Real Estate profession since 1988 and graduated from The Pennsylvania State University with a B.S. in Real Estate in 1988. James can be reached at (713) 528-0333 or via e-mail at jamesw@fairwaymc.com. Check us out on the web at www.fairway-homeloans.com.

Margo Currie
Exit 1 Stop Realty - Saint Augustine Beach, FL

Ancient wisdom, and I agree it's still true today!

May 13, 2011 11:53 AM
James Ward
Fairway Independent Mortgage Corp (Houston) - Houston, TX
Certified Residential Mortgage Specialist Houston

so True Margo....but not everyone "gets it"!

May 13, 2011 12:34 PM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi James,  Excellent advice.  I preach it everyday :)

May 14, 2011 11:02 AM