Monday, March 7, 2011

Buy a home as a home

Don't buy a home as an investment. Buy it to be your home. If you happen to make money on it someday that's a plus but you have to like, and be able to afford, where you live first.

Too many homebuyers are talked into buying more home than they can afford because they constantly hear it referred to as an investment. Then they end up in foreclosure because they let someone else tell them what to do with their money.
More Debt Management

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