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<blockquote data-quote="Nite Hawk" data-source="post: 991567" data-attributes="member: 18682"><p>I have a differing opinion than some here, I figure one bird in hand is better than 2 birds in the bush. One never knows if sickness or injury might prevent one from paying a mortage off or not, then you lose not only the place you are trying to buy, but the one you have paid off and have the mortage on . </p><p>I figure buy one place clear and free and build up your finaces before either selling what you have, or with the built up finances buying a second place.</p><p>I know it is a pain to have 2 places, but it is possible that something else might come up that is together and bigger that appeals to you</p><p>, and you have the ability to sell what you <strong>own.</strong></p><p>Remember what the word mortgage comes--From the latin word Mort= "death" from which comes the word mortuary.</p><p>I know many people who have mortagages, but don't know too many who actually OWN their own place, the bank owns it.</p><p>Just my opinion..</p></blockquote><p></p>
[QUOTE="Nite Hawk, post: 991567, member: 18682"] I have a differing opinion than some here, I figure one bird in hand is better than 2 birds in the bush. One never knows if sickness or injury might prevent one from paying a mortage off or not, then you lose not only the place you are trying to buy, but the one you have paid off and have the mortage on . I figure buy one place clear and free and build up your finaces before either selling what you have, or with the built up finances buying a second place. I know it is a pain to have 2 places, but it is possible that something else might come up that is together and bigger that appeals to you , and you have the ability to sell what you [b]own.[/b] Remember what the word mortgage comes--From the latin word Mort= "death" from which comes the word mortuary. I know many people who have mortagages, but don't know too many who actually OWN their own place, the bank owns it. Just my opinion.. [/QUOTE]
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