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Pros and Cons of Paying Off Your Mortgage Early

Eppraisal

When it comes to managing your finances and maximizing the value of your home, the decision to pay off your mortgage early is a topic that often sparks debate. On one hand, it seems like a dream to own your home outright, free from the burden of monthly mortgage payments.

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Condo vs. Apartment Living: 8 Key Differences

Raleigh Realty

While it’s technically possible to rent another person’s condo, condo communities generally limit the number of condos that a person can rent, so you’re more likely to see familiar faces and get to know your neighbors long term. However, once your mortgage is paid, a condo might cost less than renting an apartment on a monthly basis.

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What Happens to My Mortgage If I Move?

Assurance Financial

There are many factors to consider when selling a home, and you may be wondering what happens to your mortgage when you move. After all, the 2018 American Community Survey found that the median length of time homeowners stayed in their homes was 13 years, a shorter length of time than most mortgage terms.

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Home Equity Line of Credit (HELOC), Home Equity Loans, and Cash-Out Refinancing

PennyMac

Renting puts money into a landlord’s pocket, but owning a home helps you increase the value of your investment over time. When you do build home equity, it opens up cash-out options that can be used for home improvements, paying off debt or other projects. How To Pay Back a HELOC. What Is a HELOC?

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Is Refinancing a Bad Idea?

Assurance Financial

If you’ve had your existing home loan and mortgage for a little while, it’s only natural to wonder if you could get a better deal. A mortgage is a tremendous responsibility — so you need a reliable understanding of whether refinancing is a good or bad idea. Should You Refinance Your Home?

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Crunching Numbers: Using an Investment Property Closing Costs Calculator

Listing Spark

As the saying goes, in real estate investments, you make your money when you buy , not when you sell. During that moment of buying an investment property, it’s crucial to have all your investment property calculations done before you even submit an offer. You’ll have a better idea of your portfolio’s practical value.

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Just The Facts Ma'am

Town & Country Residential Appraisals

I’ll start off with a major disclaimer- I am not a solar energy expert by any means. The purpose of this post is not to get into a discussion about the pros and cons of clean energy or solar energy in particular. What I would like to discuss is whether or not solar power will add value to your home in our geographic location.