BORROW ONLY THE AMOUNT YOU NEED AND CAN AFFORD TO REPAY - Just because you qualify for a certain amount of money doesn't mean you can afford to pay it back. Determine exactly how much money you need, borrow only that amount and find out exactly how much you will have to repay every month. Make sure you'll have enough money left over to pay your other bills.
If you feel you have been victimized, get help immediately. Contact your local BBB to report the individuals and companies with whom you worked.
Whatever your real estate needs and/or questions, don't hesitate to contact us. We are happy to assist you in every way possible. (And we know some excellent Loan Originators we can put you in contact with too.)
http://www.BestHomesInJacksonville.com
or simply www.BHIJ.com
ABOUT THE BLOG OWNER
TIMOTHY H. FENNELL, PA
Tim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.
His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist.
Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.
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So simple, yet profound. Great reminder.
I've seen many overspend on their home purchases touting the benefits of tax right offs, etc. to their demise and start using all kinds of credit to make up the difference. It only continues a seemingly unending vicious cycle of debt.
Thanks for caring for your clients!
and one more thought...............
"Do Not Use Your Home As a Piggy Bank"
We are often called out to help a homeowner sell their home only to discover that they already have "sold" it by taking out the equity. When confronted, we discover they have no money to pay for our services. They literally have sold their home on their own!! Then it becomes the lender's problem.