http://www.contrarianprofits.com/articles/the-biggest-mistake-we-made-during-the-housing-boom/16392 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.contrarianprofits.com/articles/the-biggest-mistake-we-made-during-the-housing-boom/16392/comment-page-1#comment-35556 Brandon Thu, 07 May 2009 20:37:32 +0000 http://www.contrarianprofits.com/?p=16392#comment-35556 I have another common housing mistake to add, and it's at least as pervasive as the point you've made above. Another problem is that so many home buyers don't know the difference between qualifying for a mortgage ... and actually being able to afford that same mortgage. I can't tell you how many foreclosure accounts that started with: "Well, we figured we could afford it, because the lender approved us for that amount." Nice post. ~Brandon I have another common housing mistake to add, and it’s at least as pervasive as the point you’ve made above. Another problem is that so many home buyers don’t know the difference between qualifying for a mortgage … and actually being able to afford that same mortgage. I can’t tell you how many foreclosure accounts that started with: “Well, we figured we could afford it, because the lender approved us for that amount.” Nice post. ~Brandon

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