New real estate strategy: pay cash, or don’t buy at all

Obviously the “news” that you see categorized under the heading of “real estate” in the mainstream media is going to deliver a message that is filtered through the status quo, which is a failed paradigm concocted by the Federal Reserve and their practice of fractional reserve banking. The patriot needs to move past the manipulative ways of the past and make a statement in the present with an eye on the future. The best thing that you can do as an individual to vote against the Fed, short of voting for the one honest politician out there, Ron Paul, is to refuse to pay interest.

It is a simple strategy, but over the course of your lifetime, if you never paid any interest, you would find yourself with an unbelievable abundance. Imagine that. We don’t have that type of lifetime accumulation of wealth that our forefathers intended because of the manipulative practices of the central banking cartel.

If you buy a $250,000 house with a thirty year mortgage at 6.75%, you will wind up paying about double that, and this doesn’t include the fees, points, and sales commissions at point of purchase. I don’t know about you, but I would prefer not to pay double the value of the things that I purchase, especially when you recognize that going forward there is no guarantee that your home is going to continually rise in value. It is estimated that by the end of 2011 half of the home loans in America will be upside down.

The best course of action if you want to buy property is to live within your means, avoid paying interest on homes, cars, and credit cards, accrue some real buying power, and purchase your property outright. You can start with the land and build step by step as you can afford it if necessary. If we continue to feed the Fed when we really don’t have to, we deserve what we get in a way. They are offering us a horrible deal, and there is nothing compelling us to take them up on it.