Monday, February 9, 2009
The good news about losing your home
“You may not realize it when it happens,” wrote Walt Disney, “but a kick in the teeth may be the best thing in the world for you.” But how could losing your home be good news? Let me count the ways:
1. RELIEF. No more back-breaking mortgage payments. No more taxes, no more upkeep, no more being locked into the burden of long-term debt. All you have to pay now is rent.
2. FREEDOM. Suppose you are renting from month to month, and an obnoxious family moves in next door, or if drug dealers start dealing in your area, or if a nearby barking dog keeps you awake at night. You just move!
3. PRIVACY. If you have been getting mail and deliveries at home, or if your home address is listed in databases, or if it appears on your driver’s license, your only solution will be to move—and then follow the principles outlined in How to Be Invisible. Although most readers can see the wisdom of this, they usually feel that selling their home and moving to another location is too great a sacrifice. But if your home is repossessed, why, here’s your chance for true privacy at last!