On Sat, 22 Nov 2003 19:38:08 GMT, Dee D. Flint wrote:

In reality we rent the place from Fannie May or Freddy Mac, whomever
wound up with the paper..... We know it, they know it.....


But there are advantages. As the owner (even though heavily mortgaged), you
can put up antennas or remodel or whatever without asking the landlord. And
since the interest is tax deductable, you can have a nicer place for the
same money than if it was just a rental.

That's why we bought when we first got together (discounting the
four months it took for us to merge our separate rented apartments
and find what we wanted). When we bought our present place, it
helped that we came in with 50% equity....

--
73 de K2ASP - Phil Kane

From a Clearing in the Silicon Forest
Beaverton (Washington County) Oregon