It's your House, Use It!

Never pay off your mortgage. Here's why:

A) a high mortgage protects your home from lawsuits and other
creditors - they cannot take your home if the bank really owns it, and

B) borrow your equity and reinvest it. Chances are your
investments can earn you more than the additional cost of your
mortgage, putting more cash in your pocket.
Etiquettes: estate home, house, investment mortgage, real reverse
Posté le 24-06-2009 22:57 | 0 Commentaires | 0 fois favoris | Rapporté 0 fois comme inapproprié
 

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