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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (6973)11/19/2002 11:01:07 PM
From: jt101Read Replies (1) of 306849
 
<<its even worse for the home owner who buys his house outright>>

Grace, if I get it right, are you saying it is worse if one pays the entire amount,,, instead one should take advantage of the current low rate mortgage, say 6%. The only way it can be true, IMHO, if one can earn more than 6% on the investment. Is there anything else to it, or it is as simple as that, excluding tax implications. Any info is appreciated.

I want to be in a situation to make the entire payment, though that day looks remote as of now...
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