What Do You Believe? 1


Belief is a powerful thing. It can help you overcome obstacles (“I think I can, I think I can”). It can get you through hard times.

Or, it can sink you.

That’s unfortunately what’s happening to alot of homeowners. According to a new poll by Harris Interactive, 24% of people with mortgages “believe” they owe more than their homes are worth.

Now let’s think about that statement for a minute.

1) These people “believe” but don’t really know for sure.

2) A QUARTER of all mortgage holders “believe” they are in this situation.

3) They “believe” that it’s a problem.

I mean, what influences property value more than belief and self-image? What makes a home worth living in? Is it how much some cold investor thinks your home is worth? Or is your home’s worth made up of your beliefs, your feelings, your investment in it?

I think if we can turn around our beliefs, we can turn around the whole market. Investing in your home doesn’t have to feel like a losing proposition. The care you put into your home, the memories you cherish in it, those are worth far more than any bank figures.

So let’s turn around our beliefs. Don’t abandon your homes to the bank. Don’t run to the government’s housing plans.

Your house is your castle. Your house is your home. If you choose to leave it, leave it with dignity. Invest in it, care about it, and trust  that what you see in it, others will too.

And that’s something I can believe in. Can you?


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One thought on “What Do You Believe?

  • Loren

    I look a this another way. Let's say you have a 400t appraised home and it is insured for that much. If it was destroyed, would the insurance co pay $400t or would they claim it was only worth $230T and that was all they would pay? justus rong