tag:blogger.com,1999:blog-5995748411524319485.post8573352913662412941..comments2023-11-03T04:52:00.422-04:00Comments on False Hustle: The cost of homeownershipblackinkhttp://www.blogger.com/profile/00537923754597016040noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5995748411524319485.post-32881495600681596692009-02-17T23:32:00.000-05:002009-02-17T23:32:00.000-05:00@Maria: Whew ... I caught up. But it took me a min...@Maria: Whew ... I caught up. But it took me a minute. Lol.<BR/><BR/>But really, your story sort of gets to the heart of what I'm talking about. While it was certainly an economic engine for you the third go-round (third time a charm?), I just don't think homeownership is for everyone. The whims of the real estate market worry me. I just can't imagine moving into a home and counting on it to be anything other than a place to live. <BR/><BR/>Also, like you say, homeownership isn't for people who don't plan to stick around for an extended amount of time.<BR/><BR/>I can't imagine living in one place, one home, one neighborhood, for more than 10 years. Maybe that'll come to me. But as of now, I just think I'd like a little more variety than that. <BR/><BR/>As for kids, I've always hoped that I'd send mine - just one - to private school. Hopefully, my kid will take advantage of that opportunity more than I did.blackinkhttps://www.blogger.com/profile/00537923754597016040noreply@blogger.comtag:blogger.com,1999:blog-5995748411524319485.post-56706545817142075082009-02-15T00:15:00.000-05:002009-02-15T00:15:00.000-05:00Now, I searching for the best information for Gara...Now, I searching for the best information for Garage Doors~~*<BR/><BR/>and your Blog are very interesting too<BR/><BR/>i hope you to don't angry me to post this post for backlink<BR/><BR/>Please comeback to visit my blog too : <A HREF="http://about-garagedoors.blogspot.com/" REL="nofollow">Garage Doors</A><BR/><BR/>I'm sorry , If you think this is spam. but may i thank you again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5995748411524319485.post-77774061599551694602009-02-14T09:11:00.000-05:002009-02-14T09:11:00.000-05:00i have owned three homes. the main reason to own a...i have owned three homes. the main reason to own a home is to take the mortgage interest deduction off your taxes AND when the economy is good, to make a profit when you sell it.<BR/><BR/>without that deduction, you pretty much end up owing. i have never owned large or expensive homes, but ones i truly loved and found unique.<BR/><BR/>that said, my current home appreciated in value 100% over the last 6 years. i was able to refinance and pull some money out to pay off debts incurred in my divorce and to put aside college funds. my home has been an economic engine for me.<BR/><BR/>my previous two homes did not appreciate hardly at all.<BR/><BR/>on monday, i refinanced for the third time on this home.<BR/><BR/>i now have a 30 year fixed at 5 1/8. two years ago al i could get was an interest only loan. a year ago i refinanced to a 7/30 arm (fixed for 7) at 5 1/4. with this newest loan i didn't save much in payments, but have the lock for 30 years. (are you keeping up)?<BR/><BR/>in 10 i bet i am in beach condo...as a renter! lol. <BR/><BR/>it doesn't make sense to own if you don't plan to stay too long. i was in my first house only 3 years, my second, 10 and now 9 with this one. <BR/><BR/>the other factor is kids--when you have them in a good public school system, you need the house til they're done.mariahttps://www.blogger.com/profile/00631814857608730236noreply@blogger.com