How to Buy a House Without a Bank Loan

There is an unspoken rule in the property market. You need to buy a bank mortgage on the house. But did you know there is a secret way to pass without collateral to buy a house.

There is a secret financial trick you can use to buy the home of your dreams in 8 years and have no mortgage payment. I know it sounds funny, but it's true. As I write this, in most cases, I focus on the negative aspects of tenure and what to avoid when buying a home. This week I thought I'd focus on the other side of the table. What to do if you are faced with financial difficulties or danger, your home is not.

In the past few weeks I have received letters from people who are trying to get into your first home or upgrade their current home came. I often wonder what to do to save the house. So I'll try to pay more attention to upgrade your current home. Now back to what you really want to know. How can I get a house without a mortgage? Before I tell you how to do this, please remember that no mortgage on the house, while there is reference, it is not the answer to all your financial worries.

They continue to property taxes and electricity, gas, etc. pay and I remember saying to the home of your dreams. Not yet a house that is more than likely that you will be more gas, electricity and electricity faced. Your taxes can be much higher. So if you're okay with these issues, I will share my secret with you. Have you ever heard of the formulation or compounding interest. Compounding basically if you start with a small amount of money and let you build it for a long time, then you get the money that had been built and to invest it with the original money to get even higher returns how to buy a house  .

Over time you huge returns from only continue to get to reinvest profits. Well, if I become too technical, this technique formulations can not be used for a home than. You can buy a house for less than the market price of staying in the house for about two years, make some minor improvements and to sell the house at a profit. This occurs because the value is always increasing with the passage of time and in a house purchase below market value, the value increases more rapidly how to buy a house.

Take all the benefits of this house, and put them on your next home, you also below market value. Follow exactly the same technique fourth or fifth house has a big house, very little or no debt, and you do not pay any taxes on profits from the sale of other domov.Prichina for which you do not pay taxes because the government allows you to not pay taxes on the sale of your home if you take a primary residence for two years, and profit from the sale and purchase of your new home. It's a way to say thank you to stimulate the economy (by selling your home and buying another) program of the government how to buy a house.

Now I know you're probably thinking that you do not want to move every 2 years. You do not have to move every two years, at least two years, you have to be in the house to qualify for the exemption in question. This is a great technique for young couples who do not mind moving (especially in the big house) every few years. Now disclaimer. Before you start to sell your home, please contact your tax advisor to make sure you qualify for this exemption. This technique may seem a little complicated. If you have questions about how to do this shoot me an email and I can explain a little furthe rhow to buy a house.

Until next time, good luck and God will not bless and remember ... If you save any questions or know of selling your home or property on all the topics that you would like to learn more about, please email me and I will send questions in this column for the answer how to buy a house.

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