Many people max out their housing budget, purchasing as much house as the bank will allow. There may be a benefit to buying a home that’s priced under what you can actually afford, even if it means buying a slightly smaller house than you initially intended. You’ll have a lower down payment. Mortgage down payments can be up to 20% of the home purchase price. Buying less house than you can afford means you don’t have...
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You should never buy a home for investment purposes. You may end up making money, but most people just break even.
Wednesday, 20 December 2017 17:41
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