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Thursday, August 18, 2005

Where is your money going?

If your Monthly rent= $1,000
In 3 yrs you will have paid: $36,000
5 yrs you will have paid:$60,000
7yrs you will have paid: $84,000

If your Monthly rent= $1,500
In 3yrs you will have paid: $54,000
5 yrs you will have paid: $90,000
7 yrs you will have paid: $126,000

All of this money could be going toward the growing investment of a house! Not to mention all the tax benefits and pride of home ownership. Isn't it time you own a home?

*Preferred Mortgage, Bobbi Dickerson loan officer

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