Savvy Strategies for Turning Your Mortgage into a Goldmine

Business & Finance, Finance & Investing, Real Estate
Cover of the book Savvy Strategies for Turning Your Mortgage into a Goldmine by Samuel N Asare, Samuel N Asare
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Author: Samuel N Asare ISBN: 9781452454122
Publisher: Samuel N Asare Publication: August 2, 2012
Imprint: Smashwords Edition Language: English
Author: Samuel N Asare
ISBN: 9781452454122
Publisher: Samuel N Asare
Publication: August 2, 2012
Imprint: Smashwords Edition
Language: English

Conventional wisdom teaches that when buying a home, the wisest strategy is to make the biggest down payment possible, get a fixed-rate mortgage that is amortized over a shorter period (15 years, perhaps), and make extra principle payments or use a biweekly payment option in order to pay off your mortgage as early as possible and build equity. This book teaches you why conventional mortgage wisdom is ALL WRONG.

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Conventional wisdom teaches that when buying a home, the wisest strategy is to make the biggest down payment possible, get a fixed-rate mortgage that is amortized over a shorter period (15 years, perhaps), and make extra principle payments or use a biweekly payment option in order to pay off your mortgage as early as possible and build equity. This book teaches you why conventional mortgage wisdom is ALL WRONG.

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