Homeownership

We are supposed to be writing blogs on things we know. Even though I am young, I feel like I know a lot, or have experienced a lot. I have had life experiences that many people double my age haven't done. Not to mention more love and happiness in my life then most could ever dream of.

But with every blessing, there are always downfalls. Whether it is you in particular or a loved one that is having the downfall, the stress is extremely hard to deal with.

The story I told in class was about my cousin, but for the sake of the project I will be writing in first person.

"I always wanted to own a house. Since I was little, I have heard my parents talk about how wonderful it was to not rent, and what a great investment a house really is. When it was time for me to graduate high school, I did what most kids I was graduating with did. I went as far away from my family as possible, to get a real experience. Well, within six months I was home, ready to settle down from the crazy lifestyle I was living on my own and to make something of myself. This is when I made an agreement with my father that by the time I was 30 I would own a house. I immediately started working with my dad at the store he had opened up a couple of years earlier. I was a natural, sales man and eventually opened a store of my own. After two years, I had saved up enough money to put a down payment on my house. I found one that I loved, and a couple of roommates to move in. And before I knew it I took on the biggest responsibility of my life. I was on top of the world, and every one knew it. I was a successful business man, with his own home; I was set. Until, I got my mail a week later, and found a horrible letter. That one semester I had attended years earlier was coming back to haunt me. I hadn't realized that between the semester and all the interest that had accumulated I now was in debt $40,000, for a six month party. Before long, creditors were calling, and though I tried to do my best to keep up with both the monthly payments for my student loans and my mortgage I just couldn't do it. I will now pay for the decision to go to and then leave school for the rest of my life. I am continuously harassed by creditors, and am in constant fear of not only loosing my home, but my business that I have worked so hard to create."