Why rent when you could be paying for your home?

YOKO

Why rent when you could be paying for your home?

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Many people believe that making mortgage payments is more expensive than paying rent. Obviously, if you are paying $700 a month for a 1 bedroom apartment and you want to move into an
; c# a% M) K. h$ [11-room townhouse, you will need to be prepared to pay more. On the other hand, if you purchase a property similar to the one you are currently renting, you will not find yourself paying more. So why stay a tenant when you can become an owner for the same price?

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9 h2 F9 C5 Z9 S# e# yYou do not have the money for the down payment? Your financial institution most likely has programs in place to help you. Find out about them. Under certain circumstances you can withdraw money from your RRSP fund. Repayment of the amount withdrawn is calculated over a 15-year period. For example, if you withdraw $30,000.00, you will not have the right to deduct the first $2,000.00 you contribute to your RRSP fund each year for the subsequent 15 years. In some situations, real estate agents may even be prepared to make the sale without a down payment.

# Q& s  R  ]5 z7 X) G4 I0 u2 kYour final objective, of course, is to stop paying for someone else’s house. Becoming an owner means investing in your own future. It means investing in your own home for your own benefit. Before you decide that ownership is simply not within your means, talk to a mortgage agent at your financial institution. You might find that a few simple calculations offer you exciting results!

CANDYMAN

SMART! THE THING IS: TOO MANY PEOPLE ARE CAUGHT IN THE DAY-TO-DAY RAT RACE,  AND WON'T REALIZE UNTILL IT IS TOOOOOOOO LATE.

YOKO

True!

* N& d# C/ u% l; BSo sad for that!
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. b- _( I- J$ r7 U, @$ q[ 本帖最后由 YOKO 于 2007-11-14 18:24 编辑 ]

邮差

楼上两位一唱一和，
! e! R+ o3 X. u6 B# g( R: ~想买也得有预付款和银行按揭，更何况现在楼市不明。大家都不是傻瓜！