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Moving from Tenant to Home Owner
On the TENANTS page I offered several questions for you to consider. I'll bet you're reading this page because you know there is something better out there for you, but you just aren't sure where to find it. That something better, at the very least is a better Landlord-Tenant relationship. But we're more likely than not, talking about you obtaining a home of your own. It's the American Dream. If you are still renting then please sign-up for "Tips 4 Tenants".
Then if you haven't already, go and read my articles Understanding and Overcoming FEAR, and Is there any Real VALUE. Here are a couple of reasons (pertaining to buying a home) why I want you to read those two articles:
- I want you to realize that if you don't have it, someone else does. "It" can mean anything from knowledge to experience to even something like confidence. Your job is to find someone who not only has it, but is willing to share it, sell it or give it away.
- I also want you to understand that if you want something different than what you have now, then in order to get it, you must do something different than what you are currently doing. Simply put, you must decide what you want, decide what you'll give up, then get on with it.
You might be wondering why I want you to read something that appears to be targeted more at an investor. I'll tell you why. I believe more mistakes are made by people when they buy their home because they don't think like an investor. The media, economists and investment analysts ALL know that in most cases, a person's home will be "the biggest investment they will ever make".
One of the reasons I talk so much about Real Estate Investing is because buying a home should be viewed as an investment.
Most people go to a loan officer to get pre-qualified before they start shopping for a home. If they are told that they will qualify for a loan, they are usually given a dollar amount that can be borrowed. Then most people will go and find the biggest, nicest home they can find for that amount. On the surface this doesn't seem like such a bad decision. However, there can be a huge difference between being able to BUY a home and being able to AFFORD the home. We probably all know someone who got themselves in a bad situation and ended up losing their home. Some of us make long-term decisions with short-term vision.
And what happens when people are told by loan officers that they don't qualify for a loan, or home mortgage? They rent and keep renting, year after year. Many peoples put the thought of buying a home out of their minds completely.
Another reason I talk about Real Estate Investing is because successful investors know that not being able to accomplish something ONE way, doesn't mean it can't be done ANOTHER way.
This is what our program of helping others move from Tenant 2 HomeOwner is all about. We want you to think like an investor, even if you don't want to be an investor. We'll help you find out what options you may have to get into a home. And for those of you that don't have many (or think you don't have ANY) options available, we'll create one for you.
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