[/caption]
One young lady asked me this question at the cbox: "Will You Try To Pay Off Your Housing Loan ASAP If You Have One?"
I believe she was referring to housing loan for residential purpose i.e My Home
For Investing in Property.
http://createwealth8888.blogspot.com/2009/08/investing-in-property-is-far-safer-than_22.html and I posted many articles under Label: Education - Property --> http://createwealth8888.blogspot.com/search/label/Education%20-%20Property
For residential home, let begins the discussion with a quote from Albert Yang.
"A man is not a man; until there is a house that he may call his castle. A woman is not a woman; until she has a place she may call her home. And neither a man nor a woman can say anything about their house, until they are the masters of it, and own it outright and unencumbered."
Many people will tell you that Housing Loan is the cheapest loan in town and you should take advantage of it or else you look like a fool. If that it is really true, why don't you buy the cheapest rice, eat at cheapest hawker stall, and do your shopping at the cheapest supermarket, etc. But life is not like that. Not anything that is the cheapest will offer you a better option. Maybe it is just not for you.
Mortgage Loans
Banks love mortgages as home loans are secured loans. Secured means the bank has the ability to take the home back if you don’t make payments on the loan. Banks often have wars with each other to attract new home buyers with low initial interest rates for home loan. Read more...[caption id="attachment_1174" align="alignright" width="150" caption="Weighing the options"]
[/caption]
One young lady asked me this question at the cbox: "Will You Try To Pay Off Your Housing Loan ASAP If You Have One?"
I believe she was referring to housing loan for residential purpose i.e My Home
For Investing in Property.
http://createwealth8888.blogspot.com/2009/08/investing-in-property-is-far-safer-than_22.html and I posted many articles under Label: Education - Property --> http://createwealth8888.blogspot.com/search/label/Education%20-%20Property
For residential home, let begins the discussion with a quote from Albert Yang.
"A man is not a man; until there is a house that he may call his castle. A woman is not a woman; until she has a place she may call her home. And neither a man nor a woman can say anything about their house, until they are the masters of it, and own it outright and unencumbered."
Many people will tell you that Housing Loan is the cheapest loan in town and you should take advantage of it or else you look like a fool. If that it is really true, why don't you buy the cheapest rice, eat at cheapest hawker stall, and do your shopping at the cheapest supermarket, etc. But life is not like that. Not anything that is the cheapest will offer you a better option. Maybe it is just not for you.
Mortgage Loans
Banks love mortgages as home loans are secured loans. Secured means the bank has the ability to take the home back if you don’t make payments on the loan. Banks often have wars with each other to attract new home buyers with low initial interest rates for home loan. Read more...
[/caption]
One young lady asked me this question at the cbox: "Will You Try To Pay Off Your Housing Loan ASAP If You Have One?"
I believe she was referring to housing loan for residential purpose i.e My Home
For Investing in Property.
http://createwealth8888.blogspot.com/2009/08/investing-in-property-is-far-safer-than_22.html and I posted many articles under Label: Education - Property --> http://createwealth8888.blogspot.com/search/label/Education%20-%20Property
For residential home, let begins the discussion with a quote from Albert Yang.
"A man is not a man; until there is a house that he may call his castle. A woman is not a woman; until she has a place she may call her home. And neither a man nor a woman can say anything about their house, until they are the masters of it, and own it outright and unencumbered."
Many people will tell you that Housing Loan is the cheapest loan in town and you should take advantage of it or else you look like a fool. If that it is really true, why don't you buy the cheapest rice, eat at cheapest hawker stall, and do your shopping at the cheapest supermarket, etc. But life is not like that. Not anything that is the cheapest will offer you a better option. Maybe it is just not for you.
Mortgage Loans
Banks love mortgages as home loans are secured loans. Secured means the bank has the ability to take the home back if you don’t make payments on the loan. Banks often have wars with each other to attract new home buyers with low initial interest rates for home loan. Read more...
