{"id":2362,"date":"2018-02-06T08:37:07","date_gmt":"2018-02-06T16:37:07","guid":{"rendered":"http:\/\/skyrisere.com\/listings\/?p=2362"},"modified":"2018-02-06T08:38:17","modified_gmt":"2018-02-06T16:38:17","slug":"want-make-someone-else-rich","status":"publish","type":"post","link":"https:\/\/skyrisere.com\/listings\/2018\/02\/06\/want-make-someone-else-rich\/","title":{"rendered":"Why Do You Want To Make Someone Else Rich?"},"content":{"rendered":"<div class=\"row\">\n<div class=\"col-md-8 col-md-offset-2 lead\">\n<h1>Why Do You Want To Make Someone Else Rich?<\/h1>\n<p><a href=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2018\/02\/FA686EEB-1574-43C8-9C67-ABC79FA503F7.png\"><img fetchpriority=\"high\" decoding=\"async\" data-id=\"2364\"  src=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2018\/02\/FA686EEB-1574-43C8-9C67-ABC79FA503F7.png\" alt=\"Own your home\" width=\"640\" height=\"640\" class=\"alignright size-full wp-image-2364 img-responsive\" srcset=\"https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2018\/02\/FA686EEB-1574-43C8-9C67-ABC79FA503F7.png 640w, https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2018\/02\/FA686EEB-1574-43C8-9C67-ABC79FA503F7-150x150.png 150w, https:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2018\/02\/FA686EEB-1574-43C8-9C67-ABC79FA503F7-300x300.png 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage \u2013 <i>either yours or your landlord\u2019s.<\/i><\/p>\n<p>As <i>Entrepreneur Magazine,<\/i> a premier source for small business,  explained in their article, <i>\u201c12 Practical Steps to Getting Rich\u201d<\/i>:<\/p>\n<blockquote>\n<p>\u201cWhile renting on a temporary basis isn\u2019t terrible, you should most certainly own the roof over your head if you\u2019re serious about your finances. It won\u2019t make you rich overnight, but by renting, you\u2019re paying someone else\u2019s mortgage. In effect, you\u2019re making someone else rich.\u201d<\/p>\n<\/blockquote>\n<p>Christina Boyle, Senior Vice President and head of the Single-Family Sales &#038; Relationship Management organization at <i>Freddie Mac,<\/i> explains another benefit of securing a mortgage as opposed to paying rent:<\/p>\n<blockquote>\n<p>\u201cWith a 30-year fixed rate mortgage, you\u2019ll have the certainty &#038; stability of knowing what your mortgage payment will be for the next 30 years \u2013 unlike rents which will continue to rise over the next three decades.\u201d<\/p>\n<\/blockquote>\n<p>As an owner, your mortgage payment is a form of forced savings which allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee the landlord is the person building that equity.<\/p>\n<p>Interest rates are still at historic lows, making it one of the best times to secure a mortgage and make a move into your dream home.  Freddie Mac\u2019s report shows that rates across the country were at 4.22% last week.<\/p>\n<h3>Bottom Line<\/h3>\n<p>Whether you are looking for a primary residence for the first time or are considering a vacation home on the shore, now may be the time to buy. We are here to help.<\/p>\n<div>&nbsp;<\/div>\n<p><a href=\"http:\/\/skyrisere.com\/listings\/contact\/\" class=\"btn-primary btn-lg\">Contact Us<\/a><\/p>\n<p><a href=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2015\/11\/SkyriseLogoLrg.jpg\"><img decoding=\"async\" data-id=\"1497\"  src=\"http:\/\/skyrisere.com\/listings\/wp-content\/uploads\/2015\/11\/SkyriseLogoLrg.jpg\" alt=\"SkyriseLogoLrg\" class=\"img-responsive\" \/><\/a><\/p>\n<p class=\"pull-right\">BRE: 02030533<\/p>\n<\/div>\n<\/div>\n ","protected":false},"excerpt":{"rendered":"<p>Why Do You Want To Make Someone Else Rich? There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage \u2013 either yours or your landlord\u2019s. As Entrepreneur [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2362","post","type-post","status-publish","format-standard","hentry","category-featured","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Do You Want To Make Someone Else Rich? - Skyrise Real Estate Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/skyrisere.com\/listings\/2018\/02\/06\/want-make-someone-else-rich\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Do You Want To Make Someone Else Rich? - Skyrise Real Estate Group\" \/>\n<meta property=\"og:description\" content=\"Why Do You Want To Make Someone Else Rich? 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There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage \u2013 either yours or your landlord\u2019s. 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