Mar
31
Posted (Roy McKenzie) in Tips on March-31-2008

Recent information from the Survey of Consumer Finances by the US Federal Reserve indicates that most of all the wealth in America is concentrated among homeowners.

The average homeowners net worth is $171,700 and the average renters net worth is a measly $4,800.

If you’re a renter, now might be the time to sit down and take a good look at your finances. Get in touch with a Realtor who can help you get prequalified for a home mortgage. Housing prices are quite attractive right now and you can find a great deal on Real Estate.

Stop paying your landlords mortgage and start investing in yourself, and your future.