Moving Up in Real Estate

Make Your Home A Savings Account

Moving up blog picture

Start paying a little extra each month. Watch your loan balance drop at a quicker pace. Even if you don’t move up you will pay off your house sooner. Think of your house as a super savings account benefiting you. When your loan balance drops you will have more money to use for the next home if you want to move up. The way the financial industry has been you will likely make more money on your savings than if the money was put in the bank. Remember that real estate has always been a long term investment for best results. Putting your money into your super savings account works best to your advantage rather than the bank making so much money off of you! …….more

©Teresa O Larson PC, 2014