I hope this doesn’t get passed, I worked for a small business man, I saw things that shocked me as a law abiding citizen. Any cash payments made to him was put in his pocket, never hit the register, which told me, he didn’t pay taxes on that money. Not only that he spent money on personal things, put it on business credit card, and wrote everything he did away from the business was written off as ‘expense’ items. He made home repairs, all vehicle repairs, and travel expenses as ‘expenses’.
I am a single,disabled, divorced woman who had a home, I took a loan out at my bank, after doing my homework on buying homes, interest, points, insurance, different loan types and taxes in that area. I felt I made a great decision, a conventional loan, low interest, fixed rate, 15 year morgage!