Month: January 2019

A certificate of deposit will generate a cash flow based on the interest rate that it pays which is the only way it generates a return for the investor. Continue reading “Find a Better Return”

Not many buyers have assumed a mortgage in the past 25 years. Most people think it was because FHA and VA in the late 80’s began to require that buyers qualify for the assumptions. Not having to qualify for a mortgage would certainly benefit certain buyers.  Continue reading “FHA & VA Assumptions”

Planning for retirement is obviously important and many times, an activity plagued by procrastination. Some people plan to have their home paid for by that magical date so they won’t have payments after they retire. It makes sense to eliminate a large recurring expense before they quit working. Continue reading “Retirement Without a Mortgage”

Equity is the difference in what your home is worth and what you owe. Ideally, as the value goes up and the unpaid balance goes down with each amortized payment made, the equity grows from two directions. Continue reading “Equity Dynamics”