Homeowners Quotes

Mortgage is one of the most popular deductions. It costs the Treasury about $103 billion a year. Now that's money we could use to treat wounded veterans or reduce the deficit or fill the border. Instead, we give it a subsidy to homeowners, and it goes mainly to the richest homeowners in America, because only one third of Americans itemize their deductions. It doesn't work. Many countries have gotten rid of the mortgage interest deduction. Almost all of them have higher homeownership rates than we do.

If God did not intend the cat to live happily with humankind, why is there a meow in the middle of the word 'hoMEOWner'?

Some of the federal programs to help homeowners were never fully implemented.

In fact, there are more homeowners today than ever before in the history of our Nation and more minority homeowners than ever before in the history of our Nation.

I'd like to help struggling homeowners who can't pay their mortgages, I'd like to invest in our crumbling infrastructure, I'd like to reform the tax system so multimillionaires can't pretend their earnings are capital gains and pay at the rate of 15 percent. I'd like to make public higher education free, and pay for it with a small transfer tax on all financial transactions. I'd like to do much more - a new new deal for Americans. But Republicans are blocking me at every point.

I've made an incredible amount of money stealing fans from homeowners.

I am not and will never again be a young writer, a young homeowner, a young teacher. I was never a young wife. The only thing I could do now for which my youth would be a truly notable feature would be to die. If I died now, I'd die young. Everything else, I'm doing middle-aged.

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

Disasters redistribute money from taxpayers to construction workers, from insurance companies to homeowners, and even from those who once lived in the destroyed city to those who replace them. It's remarkable that this redistribution can happen so smoothly and quickly, with devastated regions reinventing themselves in a matter of months.

No matter the location of the build site, the religion, gender or ethnicity of the homeowners or volunteers, there is a sense of authentic community that links Habitat partners. It's exactly this kind of shared commitment that has sustained Habitat for three decades, and, similarly, it will be a renewed commitment that's necessary to meet the challenges ahead. I don't have to remind you that the need for decent housing is immense. Our tenacity is equally vast.

You're not allowed to park a truck in your driveway. You're not allowed to work on your house on Sunday. The people who enforce these laws are nuts. After I wrote a column on this, I got I don't know how many letters from Coral Gables homeowners, story after story after story, wonderfully horrible stories. And the venom they felt for their own government!

One more time? We've done this. We've done this at least four times where there's a new government program to help homeowners who have trouble with their mortgages. None of these programs have worked. I don't know why anyone would think that this next idea is going to work. All it does is delay the clearing of the market. As soon as the market clears and we understand where the prices really are - that will be the most important thing we can do in order to improve home values around the country.

Now, suppose that a homeowner puts down only 3% of their own money or 3.5% for the FHA. That means if prices go down by only 3%, the house will be in negative equity and it would pay the homeowner just to walk away and say, "The house now is worth less than the mortgage I owe. I think I'm just going to move out and buy a cheaper house." So it's very risky when you have only a 3% or 3.5% equity for the loan. The bank really isn't left with much cushion as collateral.

Evidently there is no need for delay, no need for further study, if the government takes a loss and Wall Street makes a profit, but it is absolutely necessary to delay if homeowners might have a chance to cut their mortgages and stay in their homes. This is wrong, and it is time to fight back!

Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.

Despite a lingering low inventory and increasing prices, consumers still have the confidence to purchase a home. More and more people recognize the many opportunities in this market and the significant value of low interest rates. As job creation and wages continue to improve, many more first-time buyers are now making the decision to become homeowners.

What advice would I give the average homeowner to protect himself against burglars? Well, the first thing is to keep a light on in the house when you go out. It must be at least a sixty-watt bulb; anything less and the burglar will ransack the house, out of contempt for the wattage.

Energy efficiency should be on the priority list for all home improvement work these days. Canny builders will be able to provide homeowners with energy efficient measures which help them to save money and the planet.

One of the biggest insurance mistakes boat owners make is endorsing their boats onto their homeowners policies, which may not cover their losses from a major storm.

Unfortunately, throughout the housing crisis we've seen innocent homeowners who have been victims of shady mortgage lenders and unscrupulous individuals who have used a down market to line their own pockets at the expense of others. This bill is designed to send a message by revising our laws to ensure criminals are brought to justice and that law enforcement has the tools to uncover these fraudulent schemes and go after the bad actors. Criminals should be put on notice that ripping off homeowners and taxpayers won't be tolerated.

Home Star is a common sense idea that would create jobs and provide a boost to local economies, while helping families afford their energy bills. By encouraging homeowners to invest in energy efficiency retrofits, Home Star would create 170,000 manufacturing and construction jobs that could not be outsourced to China.

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.

For many people, the mortgages they took out before 2008 are so high that they would be better off walking away from their houses. That is called "jingle mail," returning the keys to the bank and saying, "You can have the house. I can buy the house next door that's just like this for 20% less, so I'm going to save money and switch." That's what someone like Donald Trump or a real estate investor would do. But the banks are trying to convince the mortgage debtors, the homeowners, not to act in their own self-interest.

My parents got married late and they had kids late, so I never felt a social or cultural thing to be married or pregnant or a homeowner by a certain age.

If God had wanted us to spend all our time fretting about the problems of home ownership, He would never have created beer. This is not to say that I am recommending that you totally ignore your responsibilities as a homeowner and just sit around all day with a can of beer in your hand. No indeed, I have long been a believer in purchasing bottled beer, and pouring it into a chilled glass.

For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs.

I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.

Why is it possible to rescue S&L buccaneers in the early '90s and provide guidance to levered Wall Street investment bankers during the 1998 long-term capital management crisis, yet throw 2 million homeowners to the wolves in 2007?

The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay.

Regarding local residents attempting to ban sex shops from their neighborhoods: You show me a parent who says he's worried about his child's innocence and I'll show you a homeowner trying to maintain equity.

I think that we should ban so-called junk guns. I think we should ban assault weapons like the weapons used here [in Fort Worth], yes. I think that the kinds of weapons that have no legitimate use for hunting or the kind of weapon that a homeowner would use, I think they should be banned, yes, those kind of weapons.

More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.

Ever since I've become a filmmaker, I'm traveling the world a lot. I feel like I'm a citizen of the world, yet there's no single place that I can put my roots down and call home. I don't own anything. I'm not a homeowner. I've always rented and never stayed in one place for long. Almost every time I rent a place, I have some sort of water leakage or flooding. Whenever that happens, I just move somewhere else. Even when I moved to Paris, my apartment started leaking after a month. Maybe the leaking is just part of my life, doomed to follow me around.

Once a reporter stood in front of a fire as it consumed a house and then he turned to see the homeowners and their little son watching it burn. The reporter, fishing for a human interest angle, said to the boy, "Son, it looks like you don't have a home anymore." The little boy promptly answered, "Oh, yes, we have a home. We just don't have a house to put it in."

What Habitat does is much more than just sheltering people. It’s what it does for people on the inside. It’s that intangible quality of hope. Many people without decent housing consider themselves life’s losers. This is the first victory they may have ever had. And it changes them. We see Habitat homeowners go back to school and get their GEDs, enter college, do all kinds of things they never believed they could do before they moved into their house. By their own initiative, through their own pride and hope, they change.

In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break.

We're dabbling in eugenics all the time, breeding ideal crops to replace less aesthetic or nutritious or hardy varieties; leveling forests to graze cattle or erect shopping malls and condos; planting groves of a few familiar trees that homeowners and industries prefer.

Insurance is meant for extraordinary circumstances. You don't use car insurance to pay for oil changes or gasoline; you have it as protection in case you have a terrible accident or your car is stolen. You don't use homeowners' insurance to pay your electricity and water bills; you have it as protection in case a fire or other catastrophic event produces a large expense. Obviously, any insurance policy that promises to cover every small, ordinary expense is going to be much more expensive than one that covers only extraordinary expenses.

Based on the overwhelming array of luxury products manufacturers have recently introduced, homeowners want anything that makes their lives more comfortable at home. Whether it involves heating/warming accessories or spa-like home environments, it's part of the 'cocooning' phenomena that has resurfaced. People are spending more time at home and they want to be comfortable. They want to use their home to its full potential, not just as a place to eat and sleep between workdays.

I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.