I am asked these questions a lot:

“How can I know if I am getting a good deal?” or “How can i protect myself from financial difficulties from my new mortgage?”

Well, these are loaded questions. The easiest way to avoid a financial problem is to spend less then you can afford. On the flip side to that, the things we NEED are becoming more expensive then we can afford.

I usually answer them with one sentence:

“If you got what you wanted and the service was what you expected, then yes you got a good deal.”

I have learned early in my career that consumers do not want to be told what they want or what is good for them. They want to be in control of the transaction. With that in mind, the following tutorial is highly un-practiced by the average borrower. I contribute this as a reason for many of todays borrowers in trouble. You can quote me on that! Lets move forward.

ADVANTAGES TO OWNING A HOME