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Old 07-24-2012, 09:05 PM  
Sunny Day
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The tax deduction on interest alone, makes it worthwhile. Houses don't depreciate the way cars do. If she's going to buy a house, ask a Realtor about any short sells. These are people who can't afford their house and the bank lets them live there until the house is sold. Keeps the property in good condition and the house is sold for usually much less than it's worth. Also HUD & Fannie Mae, have foreclosed properties that are huge bargains to 1st time buyers who agree to live there for 1 year.
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