Quote:
Originally Posted by KMK  I look at a mortgage more as renting than borrowing. You are basically in a rent to own situation for 30 years with the bank. They own it, you do not. Of course it would be better to buy one or build one with cash, but how many of us can do that? Maybe the Amish have something...  |  I would say that if a person can almost guarantee themselves that the monthly payments wouldn't be to burdensome, and that they will have the cash flow to pay for the house, so be it. Many people purchase homes without having a stable job situation, and corporate america with their capricious ways usually lay off people at a whim, and there goes the house (foreclosure and bad credit).
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~Keon Garraway~ Brooklyn, NY Member of Franklin Square OPC
Love for God demonstrated by the love for our children in giving them a God centered education is the only hope for our country. by David Morrow
Pslam 71:20 [Thou], which hast shewed me great and sore troubles, shalt quicken me again, and shalt bring me up again from the depths of the earth.
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