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All agents are NOT alike! We have 15 yrs experience helping 500+ clients. Call me: 509-892-1086 or toll free 866-490-7871.
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Just like a home seller hires a listing agent, today's smart home buyer hires a Buyer's agent to help them from start to finish.
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Your follow through was outstanding!
You went above and beyond our expectations in customer service.
Rich & Crisite LaVallee
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at one time. Download TripleCalc now. It's free. |
Sherry Zellars are some of The Top Selling Real Estate Experts™
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Financing Your Home >Home Free
Conventional wisdom says, "Don't pay off your mortgage early." Are you foolish to consider an early payoff? Absolutely not! By adding just $50 to $100 to your mortgage payment every month, you can save thousands of dollars in interest, pay off your loan quicker, and eliminate a major monthly expense.
The argument usually given against paying off a mortgage early is that you can make investments with your extra cash, such as mutual funds, stocks or bonds, which pay higher returns. This approach enables you to take the mortgage interest deduction and have easy access to your money, in case you need it. These are all definite pluses, but are not guaranteed savings results.
Any extra income which an investment might generate above your home equity appreciation can be offset by a bad year in the investment market. Investment earnings can virtually eliminate the income tax advantage of your mortgage interest deduction, since stocks and bonds are likely to generate a fair amount of dividends, interest income and capital gains.
It isn't as simple as conventional wisdom--consult a financial expert.
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| Q |
What was the longest distance a building has ever been moved?
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| A |
Detroit's five-story Gem Theater, built in 1927, was moved 1,850 feet (5 blocks) to make way for two new sports stadiums. |
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