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Unformatted text preview: was that, waterfront retirement home lost. That was a sad fact. That is also a risk, the 'new' home may have a hundred grand in taxes or mortgage interest stacked up on it. The risk of losing some money on a home purchase is still a MUCH better gamble than ALL of it you lose on rent. There is also the risk the home going bankrupt after purchasing it. My recommendations would be do your research and never rush into making a purchase of a home or house,and do your research on the different types of houses and propertys. Also do your research on the mortgage make sure that it is not too high and that you wont lose money by having the mortgage....
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This note was uploaded on 02/12/2012 for the course ALL all taught by Professor All during the Spring '10 term at University of Phoenix.
- Spring '10