No, you dont' get all of it back, but enough to make it worthwhile. The only time you really want to own property that is fully paid for is if you are renting it out to someone else or retiring to it...
Cheers,
Jeff Garza
----- Original Message -----
From: Erika L Walker-Arnold
To: CF-Community
Sent: Tuesday, March 16, 2004 8:34 AM
Subject: Mortgage = another term for THEFT!
Just another mini rant ...
Owning your own home may be everyone's dream, but unless you can pay it
off RIGHT AWAY ... Do any of you really realize how much money the banks
and lending institutions and insurance companies are making off of you?
OMFG.
I mean, yes, I knew that that's what interest is all about, and yeah,
you got equity and all that ... And I guess being financed to the hilt
and having a bunch of credit cards is the way most people live ...
But Damn!
/me goes back to work, determined to pay for a house outright ... Sooner
than later ...
Cheers,
Erika
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