The Top 10 Reasons That You Will Never Own Your Home
1. If you have a mortgage on your home you do not own your home. The bank does. Its kind of like you co-signed with the bank on the property. 2. If you miss 4 payments on a mortgagethe bank has the right to kick you out of your home. They really do not want to, but you gave them no choice. This really sucks if you had owned the home for a number of years and have built up some equity. You don’t keep the equity unless you can sell it before the foreclosure proceedings start. 3. It is said that
Original post by New Home Center Blog