We have all heard of the $64,000 question, but what about the $64,000 mistake! Are you making the $64,000 mistake? You certainly are if you have been paying a monthly rent of $1000 for 64 months running!
Just imagine how much better off you would have been by making home payments instead of rent payments. What about increased home equity? Homes do increase in value over the long-term.
If you purchased a $100,000 home and it went up just 3% per year, in 64 months that $100,000 home would be worth $116,000. When you compare renting, where you lost $64,000, to owning a home, where you saw an increase of at least $16,000, there simply is no comparison.
Paying rent just does not make any sense. I offer a free no obligation meeting for my rental clients where we explore this financial opportunity.
For more information, you can visit my Web site or feel free to give me a call.
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