What Are The Drawbacks Of Taking Out A Mortgage? (Debt Commitment, Long-term Financial Responsibility)

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Consider the drawbacks of taking out a mortgage: debt commitment, long-term financial responsibility. Understand the impact on credit score, difficulty in qualifying for additional loans, high interest payments, upkeep and maintenance costs, market fluctuations, and potential loss of investment. Make informed decisions about homeownership and navigate the mortgage process with confidence. Visit official website for more information.