It is official … we are homeowners! Buying a home is the biggest financial decision most people will ever make and we wanted to do it right. So my wife and I did a lot of research. We wanted to make the best decisions and hopefully avoid common mistakes. I have shared a lot of that research with you in the post, “Should I Buy or Rent a House? The Complete Guide.” But having book knowledge is much different from experiential knowledge.
They say that hind sight is 20/20. So, now that we have actually gone through the process, I have a few things we learned that I would like to share with you over the next few weeks. First up … the truth about the 15 year mortgage.