(DOWNLOAD) "Keep Track of Your Paperwork if You Pay Your Mortgage off Early Keep Track of Your Paperwork if You Pay Your Mortgage off Early (At Home)" by The Virginian Pilot " Book PDF Kindle ePub Free
eBook details
- Title: Keep Track of Your Paperwork if You Pay Your Mortgage off Early Keep Track of Your Paperwork if You Pay Your Mortgage off Early (At Home)
- Author : The Virginian Pilot
- Release Date : January 19, 2008
- Genre: Reference,Books,
- Pages : * pages
- Size : 76 KB
Description
My wife and I put together an aggressive plan to pay off our mortgage in five years, and our goal will be complete in May 2008. Can you tell us of anything we should be doing or asking from the mortgage company concerning the deed to our home, the property taxes or anything else? First, let me play devil's advocate. I am one of those believers in having a mortgage on one's property. Let's say that your house is worth $300,000 and that it will appreciate in value conservatively 3 to 5 percent a year. Your house will go up in value whether or not you have a mortgage and thus, in my opinion, you have a considerable amount of dead equity and are not receiving any tax benefits for mortgage-interest deductions.