http://thetop10reasons.com/the-top-10-reasons-why-your-mortgage-has-made-you-house-poor/ Thu, 15 Dec 2011 02:01:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://thetop10reasons.com/the-top-10-reasons-why-your-mortgage-has-made-you-house-poor/comment-page-1/#comment-680 The Top 10 Reasons Why You Should Give Up Trying To Refinance Your Mortgage If The Appraisal Comes In Low | Wall Street and Stock Market Blog Fri, 17 Oct 2008 11:42:52 +0000 http://thetop10reasons.com/?p=166#comment-680 [...] The Top 10 Reasons Why Your Mortgage Has Made You House Poor [...] [...] The Top 10 Reasons Why Your Mortgage Has Made You House Poor [...]

]]> http://thetop10reasons.com/the-top-10-reasons-why-your-mortgage-has-made-you-house-poor/comment-page-1/#comment-550 Andrea Wed, 17 Sep 2008 15:05:08 +0000 http://thetop10reasons.com/?p=166#comment-550 What's worse now is that first time homebuyers are being pressured to purchase a larger, fancier home than they need by their realtors and mortgage bankers. They're saying "you should buy a home now because they are SO cheap! Rates are low! Buy buy buy! You could get the home of your dreams for only 200k and all the other homes in that neighborhood are worth 400k+! You're getting instant equity!" So these first time home buyers are looking at each other with big dollar signs in their eyes and go for the big fancy home instead. When in reality the home will continue to drop in value for the next 2-5 years. Right now a real estate agent will do ANYTHING to sell you a home, so first time home buyers beware!! Make sure you have someone that you trust with you when searching for your first home. Rates aren't any lower than they have been in the last 4 years. Yes, homes are dropping in value (as they should) but still you should never live outside of your means and become house poor like the brilliant author of this post has mentioned. :) What’s worse now is that first time homebuyers are being pressured to purchase a larger, fancier home than they need by their realtors and mortgage bankers. They’re saying “you should buy a home now because they are SO cheap! Rates are low! Buy buy buy! You could get the home of your dreams for only 200k and all the other homes in that neighborhood are worth 400k+! You’re getting instant equity!” So these first time home buyers are looking at each other with big dollar signs in their eyes and go for the big fancy home instead. When in reality the home will continue to drop in value for the next 2-5 years. Right now a real estate agent will do ANYTHING to sell you a home, so first time home buyers beware!! Make sure you have someone that you trust with you when searching for your first home. Rates aren’t any lower than they have been in the last 4 years. Yes, homes are dropping in value (as they should) but still you should never live outside of your means and become house poor like the brilliant author of this post has mentioned.

]]> http://thetop10reasons.com/the-top-10-reasons-why-your-mortgage-has-made-you-house-poor/comment-page-1/#comment-549 The Top 10 Reasons Why Your Mortgage Has Made You House Poor | Virginia Modular Homes Wed, 17 Sep 2008 05:52:23 +0000 http://thetop10reasons.com/?p=166#comment-549 [...] the rest here: The Top 10 Reasons Why Your Mortgage Has Made You House Poor Share and [...] [...] the rest here: The Top 10 Reasons Why Your Mortgage Has Made You House Poor Share and [...]

]]> http://thetop10reasons.com/the-top-10-reasons-why-your-mortgage-has-made-you-house-poor/comment-page-1/#comment-546 The Top 10 Reasons Why Your Mortgage Has Made You House Poor Wed, 17 Sep 2008 04:54:46 +0000 http://thetop10reasons.com/?p=166#comment-546 [...] Go to the author’s original blog: The Top 10 Reasons Why Your Mortgage Has Made You House Poor [...] [...] Go to the author’s original blog: The Top 10 Reasons Why Your Mortgage Has Made You House Poor [...]

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