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Mortgage free is the right terminology, free and clear is not. Homes are never free and clear, they always belong to the county. That does not include high insurance premiums. The last home that I bought I lived in for 6 years and during that time I had to fix the garage door opener, the water heater, both AC units twi...more
Here is how a house loan works. To begin with, the house will never belong to you. It belongs to the county. The bank will allow you to live there and keep their property up as long as you make interest payments to them. If you miss those payments, even through no fault of your own,then the bank will throw you out and ...more
Please let me answer you. Nobody wants to lose their home or not pay their debts. You obviously have no brain to think with. Do you realize there are people that lost their business and/or their jobs through no fault of their own and haven't recovered ****.
Think before speaking or writing. If gold goes to nothing, what has value? Maybe it's that paper stuff every country prints. I personally would hate to think that owned a bunch of stock in companies where paper dollars had more value than gold. I sort of think none of the aforementioned would last long. Also, real esta...more
2/19/2013
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