Page 16 - Oasis Skeen Buyers Agents - Rent v Buy
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7. CONT…
putting it into a house as a down would have tied up in a rental for one
payment? year.
However, remember, you don’t need You’re going to have money tied up in
to tie up all of your available money your housing one way or another, so
in the purchase of a house. You can it may as well be tied up with you
get a mortgage with a low down rather than someone else.
payment and keep the rest liquid or
invested elsewhere. No matter what you decide, just give
some objective thought as to whether
Here’s some food for thought: or not your desire to have your
Instead of tying up money to put 20% money liquid is for a better reason
down, consider buying a house and than buying a house...and not just
put down about as much as you because it’s a natural human desire
many people have.
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