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A Dozen Tips for Producing Low Allergy Gardens
A Dozen Tips for Producing Low-Allergy Gardens Ó Thomas Leo Ogren What we plant often has a direct effect on our own health and the health of those near us. A pollen-producing male tree in our own yard will easily expose us to ten times more...
Building A Garden Fence
They are privacy and shelter are two important things in the
garden. The latter is often a problem in gardens which are
exposed to cold prevailing winds. Both these points are
important not only for the gardener himself, but also for the
plants...
Denton Lesslie
Hardwood is a better investment as far as longevity goes. It has a more natural and polished look uch longer. Even after the hardwood has led a rough life there are options. You can refinish, or just let the personality be apart of the decore....
Garden Composters and Composting Basics
Why Compost? Recent studies show that an average family throws away approximately 200 pounds of organic kitchen waste every year. Combine this with all the leaves, grass clippings and other organic garden waste accumulated over time and that's a...
High-End Manhattan Renovation Guide
www.savetimeny.com/Guide.HTML Manhattan High End Residential Construction by Colleen Barry-Sleicher Manhattan High End Residential Construction Information for brownstone, apartment, condominium and coop owners and...
Installing a Toilet
The installation of a toilet is a relatively easy job for a homeowner. With a couple of wrenches, a screwdriver and a few shims a new toilet can be installed in about one hour. Toilets can be purchased at any home improvement store or plumbing...
Installing Ceramic Tile
Ceramic Tile brings a texture, richness and color to a room that Linoleum has yet to truly mimic. Tile floors can be installed in any room, however they are most frequently seen in Bathrooms and Kitchens. I particularly like them in entryways,...
Nothing says more about quality than great flooring.
Notice, I said great and not expensive. The right choice of flooring will make your home more comfortable and functional to your lifestyle.
Hardwood and laminate hardwood is best way to get more out of your investment at resale time. It requires...
To Picket Fences
Of the 359 homeowners in my area, 112 are running afoul of the law in a deviously blatant way by committing the heinous "fence offence;" in other words, breaching Los Angeles municipal code sections 12.21 and 12.22 which limit front yard fence and...
"Wow, You Have Amazing Woodwork!"
Amazing Woodwork "Wow, you have amazing woodwork!" I hear it every time I take someone to visit my grandparent's centennial home. Built shortly after the Civil War by a skilled trim and finish carpenter, my great-great grandpa, the home boasts its...
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Wealth Building – An Advantage Of Home Ownership
As you grow older, the issue of wealth building comes front and center. Wealth building simply refers to increasing the net value of your total assets. Wealth building over time is one of the advantages of home ownership.
Building Equity
Owning a home can help you build wealth in two ways. First, you build equity by paying down your mortgage. A certain percentage of each mortgage payment goes towards a reduction in the total amount owed. Typically, payments in the first few years of the mortgage are primarily applied to interest on the loans. As time passes, however, more and more of each payment is applied to the outstanding loan amount. Before you know it, the $300,000 loan is down to $50,000 and you’ve gained $250,000 in wealth.
Appreciation is the second wealth building advantage to home ownership. Each year, the value of your home will increase or decrease slightly based on market prices. Over time, real estate has always appreciated in value. In the current market, homes in some parts of the country are appreciating at rates as high as fifteen to twenty percent! Appreciation is a very popular subject with homeowners.
Wealth Building Example
Let’s look at a simple demonstration of how advantageous home ownership can be. Assume you buy a home in 2005 for $400,000 and, for the purpose of simply
mathematics, pay no down. Over the next 10 years, your mortgage payments reduce the outstanding mortgage by $100,000 and the home increases in value to $600,000. The value of your home as a net asset has grown to $300,000 [$600,000 minus $300,000]! If you had rented during this period, you would have missed out on $300,000 in wealth. This simple example should show you the advantage of home ownership.
Historically, home ownership is one the best ways for families to build wealth. If you don’t currently own a home, you should start looking for one.
About the Author: Raynor James is with http://www.fsboamerica.org - providing FSBO homes for sale by owner. Visit our "sell my home" page at http://www.fsboamerica.org/seller.cfm to list and sell your home for free for one month. Visit http://www.fsboamerica.org/buyer.cfm to see homes for sale by owner.
Source: www.isnare.com
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