Why you’re not getting the real value of your home

If you’re wondering what the real deal is about the modern home, here are some of the reasons why you should think again.

1.

The cost of living has risen considerably over the last decade The cost per square metre of a home has risen by around 25 per cent over the past five years.

This has made housing more expensive than ever.

2.

Your current home is not worth the price of owning it Your current property may be worth as much as $1 million, but it’s not the same value as your parents home or even the one you’re renting.

You may not even own a home yourself, as you’re likely renting it. 3.

There is no such thing as a ‘real’ home A lot of people still think that owning a home is something that is worth something, but this is not the case.

A home is a special, special property that can’t be bought for more than a few hundred dollars.

In reality, your current home might be worth far less than that.

4.

You don’t own a house The vast majority of people who buy a home do so for the purpose of renting out the property.

But a big chunk of them are renting the home out for a short time and then buying it back for a long-term lease.

5.

You should buy a house to stay close to work The average length of stay for most home buyers is six months or less.

However, many people get into housing because of work.

This means they are in a housing market that can be difficult to move out of. 6.

Your house is worth more than the rent You may think that you are getting an average return of around 10 per cent on your property.

However this isn’t the case because your rent is usually far more than that, especially if you live in a large property.

For example, if you’re living in a five-bedroom house, your rent will be around $2,000 a month, whereas your mortgage payment is $750 a month.

7.

Your mortgage payments are too high If you take out a mortgage on your current house, it may not be enough to pay off the mortgage over the next 15 years.

If you borrow more than your mortgage, the repayments may become too high and you may need to make additional payments.

8.

Your bank is telling you the truth There is a whole cottage industry out there that claims that your current mortgage payment (and interest) is the amount you should pay, and that you need to repay it as quickly as possible.

It’s a myth that this is true, but many people are reluctant to make the change because they fear it could make them financially unstable.

9.

Your home is likely to get damaged If you rent a house out and then move out, you may end up losing your home.

This is especially true if you move to a new location.

For more information, read our article on how to avoid getting your property damaged.

10.

The market for homes is too volatile It is difficult to predict how the market for home ownership will develop in the future.

Some people are buying houses in the hope of building their own, while others are looking for a quick buck or two.

In either case, you’ll want to consider the best strategy for your situation, whether it’s renting or buying.