mortgage simple definition: Why Your Mortgage Suck?!

Why Your Mortgage Suck?!

Why Your Mortgage Suck?!. Steve Hall 60 minutes and Dan Rather Report on The Mortgage Trap

Why Your Mortgage Suck?! video duration 10 Minute(s) 38 Second(s), published by The Kwak Brothers on 14 04 2019 - 18:00:02.

In this video, we're going to go over why mortgages absolutely suck when it comes to buying a home
We'll talk about why mortgages have been used to trap The economy is in freefall and no one's sure where rock bottom is
And as the mortgage crisis and mounting job losses melt away the American dream, another .

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My final point that was cut off is that there are a Learn more http://www.introabc.com.

In this video, we're going to go over why mortgages absolutely suck when it comes to buying a home. We'll talk about why mortgages have been used to trap you into debt in perpetuity and you'll quickly find out why the banks DON'T want you to pay off your mortgage.

Watch Our Mortgage Reduction Strategy Video: https://youtu.be/TWh5vBa-jhM

Your Traditional 30-year mortgages are absolutely terrible for your finances. Not only do they take a long time to pay it off. It's designed to keep the modern-day Americans trapped in perpetual debt. Most Americans today either move or transition into a new job every 5-7 years. That means that home buyers are buying and selling new homes more often than ever. Your 30-year mortgage is the bank's plan to keep you from ever actually building equity.

A 30 Year Mortgage on a 5% interest would usually end up leaving you to pay 2x the amount for your home. Let's say you bought a $250,000 home on a 30 year loan with a 5% interest rate. You're going to end up paying close to $250,000 in just interest alone. In total, you may end up paying closer to $500,000 at the end of the 30 year loan cycle. This is a terrible way to finance a home!

Learn how you can pay your 30 year mortgage off in an average of 5 to 7 years! https://youtu.be/TWh5vBa-jhM

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The Kwak Brothers are millennial real estate investors who have acquired over 76 Units of Rental Units and have raised over $20,000,000 in capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping ordinary people become real estate investing champions and rockstars! They specialize in owner financing negotiations and multi-family rentals.

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-DISCLAIMER- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.