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Team Cook You're My HERO's!
I had my house on the market for two years (5/07 - 4/09) listed with different agent of course! With the economy the way it is, I lost my job and had other family crisis's going on at the same time. I spoke with Kevin about a short sale. He explained everything to me, and I decided to list it with them. To make a long story short, best decision I have made in many years! I was able to concentrate on my family issues while they handled the sale of my home. One less concern for me. I would recommend this team to everyone. They are true professionals, their communication is superb. They kept me informed of the progress from the beginning to the end when it finally sold. And thank you Rose for staying on those mortgage companies.
One very happy client, Randy L.
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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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What was considered the world's tallest building one hundred years ago?
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The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures. |
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ASPEN HOMES OF COLORADO Selling the most affordable NEW CONSTRUCTION in all of Colorado! Find Out More >
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