A home is an investment but not a very good one IMO as such things are conventionally thought of. I’d say it’s more of a “necessary consumption” (you have to live somewhere) that has long-term benefits (financial and mental) over renting in most cases. Residential real estate (rre) appreciates 3.
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18 Sobering Facts Which Prove That The Middle Class Is Not Being Included In This “Economic Recovery” 33 Shocking Facts Which Show How Badly The Economy Has Tanked. – If we are really in the middle of an "economic recovery", why is the homeownership rate the lowest that it has been in 18 years? It is getting very tiring listening to Obama supporters try to claim that Obama has improved the economy. That is a false claim that is not even remotely close to reality.
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Lending Ask the Underwriter: My borrower owes a federal tax debt to the IRS. Is this mortgage deal dead? Here’s how to close that loan
What is a reverse mortgage? A reverse mortgage is a special type of home loan only for homeowners who are 62 and older. A reverse mortgage loan allows homeowners to borrow money using their home as security for the loan, just like a traditional mortgage .
First Time Homebuyer Program If down payment and closing costs are keeping you from purchasing a home of your own, the First Time Homebuyer Program may be able to help. Eligible borrowers can use the forgivable loan to greatly reduce the out-of-pocket expenses associated with buying a home. Temple Terrace First Time Home Buyers
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