The average person has no idea how much they actually pay for their house with a mortgage
An example:
Mortgage: $500,000
Term: 30 years
Rate: 6%
Interest: $610,000
Total cost: $1.1 MILLION
The banks won't tell you this
The schools won't tell you this
And it's by design
It's all smoke and mirrors
Real estate is a scam
But the guy from Remax told me : Bro buy a triplex.
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😆
Forgot to mention that.
...your realtor definitely won't tell you this
I have zero respect for 98.5% of realtors. Some of the scummiest people to deal with.
