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Apr 12, 2021
11:25
:22
am
molodyets
Mortgage guy in all 50 states
Unless you are willing to move like OP did, primary home ownership doesn't create wealth. You have to be willing
to move to a lower COL area or downsize, or move and retain the property as a rental (which moves it out of the category of your primary residence).
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molodyets
Previous username
patches1391
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molodyets
Joined
Mar 26, 2006
Last login
May 3, 2024
Total posts
43,239 (19,302 FO)
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Messages
Author
Time
How important is owning house? R U willing to step out of the box? Work @ home?
grandpacoug
4/12/21 11:10am
Not sure I understand what you did though.
stenso
4/12/21 11:17am
Stenso-I was retired and had owned "many rentals" before Provo. It was long time
grandpacoug
4/12/21 11:34am
You are exactly right. Historically home ownership has been the single biggest
Nat Gas Man
4/12/21 11:23am
Unless you are willing to move like OP did, primary home ownership doesn't create wealth. You have to be willing
molodyets
4/12/21 11:25am
In most home markets, FHA and VA loans will be at the bottom of the stack.
tarzan15
4/12/21 12:11pm
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