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Tom & Polly
In the current housing market, she was faced with many challenges. Linda never faltered and worked diligently to secure a sale. She overcame all obstacles. In addition, Linda went far beyond our expectations to ensure she met our needs. Her communication to us throughout the process was exactly what we needed. Linda was a valuable partner during our relocation process. She offered her assistance every step of the way and took a lot of pressure off of Polly and me during all of the confusion of trying to show the home, sell the home, move to a new home and be out of town a lot of the time. I respect Linda very much and highly recommend her services. Polly and I have sold homes on 6 different occasions. Linda stands out as the best selling agent with whom we have ever worked.
Tom & Polly
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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 areas are known as the 'silk stocking' districts of this famous city?
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In Central Park West, Fifth Avenue and Park Avenue in Manhattan, apartments go for $222,610 to $282,709 per room. |
See More Real Estate Trivia > |
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