Saturday, December 14, 2019

You are Paying a Mortgage

Buying a home and paying a mortgage is somewhat akin to a forced savings program. If you rent, you pay monthly and repeat the same process month after month. If you are paying a mortgage, a part of the monthly payment reduces the amount you owe on YOUR home. It is an investment in your future and future wealth. At the same time, your investment is appreciating - not just on the amount of money you have invested, but on the total value of your home. Think about that - the investment grows month after month. If you want to discuss that, reach out to me. Let's talk. Al

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