Can't Afford the Big House, or Can You?
This idea is great, if you happen to be a young professional with a great future, and you work for a company that's willing to buy your home at the end of 5 years, when you're ready to move up the corporate ladder, but these deals are few and far between.Most of the interest only loan borrowers don't fall into this market segment. They're in the one that will be trying to find a way to pay a huge mortgage payment in about 5 years. The big house, the picket fence, and the great job are wonderful goals and dreams to have. You just need to make sure before you step onto the dream cloud, that you've got a net beneath you! About the Author:John Williams is the Arkansas land and property manArticle Source: ArticlesBase.com - Can't Afford the Big House, or Can You?
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