Submitted by Guest Lee on Tue, 10/11/2011 - 8:45am.
I bought my home almost 35 years ago for $32,000 as a HOME, not an investment. I still live there, have no mortgage, and my home has increased in value to about $140,000. I never plan to sell it because I love it there. And in this economy, it's really nice to not have a mortgage. Oh yes, and I bought my car in 2002 and it's paid in full too.
Home
I bought my home almost 35 years ago for $32,000 as a HOME, not an investment. I still live there, have no mortgage, and my home has increased in value to about $140,000. I never plan to sell it because I love it there. And in this economy, it's really nice to not have a mortgage. Oh yes, and I bought my car in 2002 and it's paid in full too.