My- oh- my how the tides have changed!!! Thehome buying season has arrived and people are actually ponderingabout whether or not it is worth it to take an $8000.00 GovernmentRebate in order to buy a home!Who would have ever thought this a couple of years ago whenhomes were getting 10-15 bids on the FIRST DAYthey were on the market!(Video)Is the $8000.00 Home Rebate really worth it? Ifyou buy a $300,000 home and the real estate market keeps fallinglike it does, you would lose $30,000.00. Assuming there is ONLY a 10% drop!!Don’t get me wrong here, homeownership has greatbenefits long term, but people that bought impulsively in the pastpursuing the “American Dream” have found themselves ina real “Nightmare!”*****Question of the Week! *****(Don’t missit….Chance to Win a Free Personal FinanceCourse by Emailing Me Your Answer. 5 Nameswill be Randomly Picked and named as winners. So here’s yourquestion: Anders haswritten some great articles in regards to Real Estate, andthe 30year mortgage has been dropping. The question of theweek is: The average 30 year mortgage is currently at 4.8%, wheredo you think it is going? A)Higher B)Staying about thesame C) Going lower(4.5%- 4.25%) D) Going a lot lowerTop 3 Questions you should ask yourself before you“Take the” home re-“Bait”Are my Finances in order? Many people dive intohomeownership without first making certain that their“Financial HOUSE” is in order! Make certain that yourfinancial house is in order. We will help you do this with ouronline educational videos in our Personal FinanceCourse!Am I seeking a false sense of security? A lotof people really got burned and are literally homeless right nowbecause they bought a home a couple of years ago. Historicallyhomeownership has helped enhance financial security, but not if youbought between 2003 and the present. It has brought nothing butstress for some, and foreclosure for others.Why is the Government giving me $8000.00? Thatis easy. They are giving me $8000.00 because the real estate markethas been going down so much that they need people to buy in orderto prop it up!There are many more things to consider before you make one ofthe most important decisions of your life. Invest just $25 in apersonal finance course and make certain that this is the bestcourse of action for you!
