You stretch your budget and enslave yourself to a mortgage. Move in to your palace. And then kick back and enjoy the home that now owns you, right? Wrong! You have just entered an arrangement with a money pit that will suck your wallet dry!
Take my neighbors for example. They bought a nice ten year old home. In the first year, they put in new sidewalks, landscaping, trees, and an air conditioner. In the second year, they black topped the driveway. And now I year three? They are replacing the "builder grade" windows.
Each of these projects cost thousands of dollars per year!
You might believe a 10 year old house wouldn't need much work done to it. But you would be surprised!
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