Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Find Out More >
|
|
 |
|
About :
About - Information about of , Testimonials - Read what clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more home buying & property selling information is guaranteed by . Privacy Guarantee - This real estate web site will respect your privacy, guaranteed by . No Obligation Guarantee - real estate help by email is free & without obligation for home owners in . For Real Estate Agents - Let help you with your professional real estate broker and agent needs in the area. About NUMBER1EXPERTS - NUMBER1EXPERTS are top real estate professionals, find out more. Contact Information - How to contact . Go to Main Sitemap - Main sitemap sections include Find Homes, For Home Buyers, For Home Sellers, Information, Real Estate Resources, and About .
Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?
|
| A |
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street. |
 See More Real Estate Trivia > |
|
|
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Find Out More >
|
|
- NUMBER1EXPERT 
