Costly Mistake #1

Costly Mistake #1

Thinking You Can't Afford It

Mistake #2
Today, buying the home of your dreams is easier than ever before.  Many people who thought that buying the home they wanted was simply out of their reach,  are now enjoying a new lifestyle in their very own new home.
 
Buying a home is the smartest financial decision you will ever make.  In fact, most American and Canadian Homeowners would be financially broke at retirement if it weren't for  one saving grace - the equity in their home.  Furthermore, mortgage rates are more flexible today than ever before, and tax allowances favor home ownership.
 
Real estate values have always risen steadily.  Of course, there are peaks and valleys, but the long-term trend is a consistent increase.  This means that every month when you make a mortgage payment, the amount that you owe on the home goes down and the value typically increases.  This "owe less, worth more" situation is called equity build-up and is the reason you can't afford not to buy.
 
Even if you have credit problems or little money for a down payment, chances are good that you can still buy that new home.  It just comes down to knowing   the right strategies, and working with the right people.
Mistake #3