Owning a home is an American dream for many people. However, most people should wake up to the fact that owning a home is a serious financial and maintenance-intensive investment. The average cost of a new house can be as high as $400,000. Most homes offer about an average of 2,000 to 2,400 square footage. The average monthly mortgage payment is about $1,000. However, that does not take into account...

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