Dont Play The Schizood Game
We live in a world of schizophrenic economy/financial trauma in a minute to minute existence. Oil prices, gas prices at the pump, gold prices, stock market ?connections??! Good grief where lies stability?? That is a rhetorical question of course. Stability lies in a simple real estate plan.It is always a great time to buy or refinance when mortgage/interest rates are at record lows? not rocket science.
THOUGHTS?
1: Refinance to reduce your monthly overhead.
2:Invest to provide income and tax deductions.
3: Ownership in many cases is cheaper than renting. Lower monthly costs and you basically have an ?enforced? saving as a piece of each payment goes to increase your equity.
Sleep on it!
Noel
Category : Blog