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Post by mattcathes on Feb 25, 2021 1:14:23 GMT -5
As you get older, financial liquidity may become more important. You or your partner could develop a medical condition that requires expensive treatments. Maybe you’ll want to help one of your adult children purchase their own home. Perhaps you’ll decide to take up an expensive hobby like aviation, or maybe you’ll decide to buy a winery on the coast and live out your remaining years as an amateur winemaker. Whatever the case may be, you’ll need a high degree of financial liquidity. And while it is possible to tap into your home equity, it can be quite an ordeal. If you invest your money instead of paying off you home early, then you should be able to tap into your investments on relatively short notice. Sure, you might not have your house paid off in full, but at least you’ll still be headed in the right direction. It’s worth asking which scenario is more desirable: having the cash flow to do what you want during retirement while still paying your monthly mortgage payment, or having your home paid off and then having to taking out a reverse mortgage
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Post by rebeccamckull on Aug 21, 2023 4:31:04 GMT -5
Shopping for a mortgage can be time-consuming and overwhelming. A good mortgage broker can streamline the process by doing the legwork for you, researching and presenting you with the best options that match your needs.
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Post by troykeithes on Oct 8, 2023 9:53:42 GMT -5
Eviction defense can also be a catalyst for policy change. Advocacy efforts can arise from individual cases, leading to broader reforms in housing laws and regulations that protect tenants and promote affordable housing.
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Post by aprilmathers on Dec 12, 2023 10:24:01 GMT -5
Borrowers may choose interest-only loans when they believe they can earn a higher return on their money by investing it elsewhere, such as in the stock market, business ventures, or other investment opportunities.
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