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Select A Department:
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Courses in this Department
Step 1 - Planning
Step 2 - Financing
Step 3 - Selecting
Step 4 - Buying
Step 5 - Owning
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Think & Do Reminders
Pros & Cons of HomeownershipConsider
the Pros & Cons below to honestly assess their impact & value in your
life RIGHT NOW. Pros: - Tax
Breaks!
- Possible tax savings of $9,000 in taxes on a $120,000 home
- Equity
Is Savings
- Your Mortgage
is an automatic savings plan
- Loving Appreciation
- Property
values usually trend upward
Cons: - The Long & Winding
Road
- Its a long-term investment
- Itchy Feet Sufferers Should
Wait
- Can you commit to 5 years minimum?
- Falling Market Gamble
- Investments
have risks. Understand them.
- Foreclosure
- Be certain youre
stable enough to buy in the first place.
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