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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!  It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Simply send me an email to: eglassoff@comcast.net to request a quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As a top Brookline, Newton and Boston area real estate agent, it's my job to know more about a property than any web site. Make sure you have the most current information!
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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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| Q |
What does the term Curb Appeal mean?
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| A |
This term describes how homes look from the street; this first impression is very important to prospective homebuyers. |
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Eric Glassoff
Coldwell Banker
1375 Beacon St.
Brookline, MA 02446
Tel: 617-233-6210
Fax: 617-796-8480
Email: Eric@BostonRealEstateExperts.com
Email: eric.glassoff@nemoves.com
Email: eglassoff@comcast.net
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