What gives the banks the right to create money out of thin air? and to hold people liable for paying that money back, when it did not legally produce it to begin with!
Fact: Banks have the ability to loan out 9 times that of any deposit that is made in their money supply. This is fraudulent and an outright theft of the people and really a form of modern slavery, since the public and government can never break free from debt, they will never be able to solve the most fundamental issues of their lives and society.
Why is it unsustainable? INTEREST! Thats right, interest is the most mind boggling thing ever, since Bnka A gives you $10 and expects you to pay them $14 in return. But wait a minute, when banks are the ONLY ones who have the power of giving loans with interest, and there is always going to be less money in circulation than what is owed in general.....where does the money come from to cover the outstanding debts owed by everyone to everyone? IT DOESNT, so thats why people have to be thrown into an inhumane system of exploitation and abuse to steal money from one another to pay their debts. And the ones who lose their job, or anything of devastating effect...will lose their homes, and thats why there will always be poor pockets of people ins society, due to the structural disparity and inequality BUILT INTO this system.
If you are trying to take advantage of the first time homebuyer tax credit then you need to act quickly. The deadline is November 30 and the home buying process can take several months. Especially if you plan to purchase a short sale, which accounts for most of the properties on the market in Florida. My company does both real estate and mortage and I can help you get into a property fast. The first step is to get pre-approved for a mortage and then start the house hunt. Call me today to get started.
Thanks and Best Regards,
Keyes Real Estate, Mortgage & Title
Office: 561-845-6036 ext. 31209
As a mortgage banker processing loans we include the entire cost of housing. The typical customer who gets a $1500 a month mortgage, should include principal and interest, hazard insurance, real estate taxes, mortgage insurance and home owners association dues into their monthly payment and corresponding budget. When you look at it that way, its more realistic and you can get around $150K to $160K loan. Buying a home is a very important decision and theres no need to guess costs. I can give you a Good FaithEstimate based on your particular situation and the home you are buying. I live in Wellington, so call me anytime if you need help.
500 W. Cypress Creek Rd, Suite 330
Fort Lauderdale, FL. 33309
office 954-771-7715 x104
Florida Mortgage Lender
You can run some different scenerios on this mortgage calculator: http://www.floridadreamloans.com/scripts/MortgageQualifier.html
Keep in mind you receive annual tax benefits owning a home, with increase in values
National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
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