Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Cheryl, a proven Saline, Ypsilanti and Ann Arbor, Michigan NUMBER1EXPERT™ Top Selling real estate agent. Find Saline, Ypsilanti and Ann Arbor Homes - Find Saline, Ypsilanti and Ann Arbor, Michigan real estate listings & homes for sale provided by Cheryl, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Cheryl, a proven Saline, Ypsilanti and Ann Arbor, Michigan NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Cheryl, a proven Saline, Ypsilanti and Ann Arbor, Michigan NUMBER1EXPERT™ Top Selling real estate agent. Saline, Ypsilanti and Ann Arbor Information - Find local information on Saline, Ypsilanti and Ann Arbor, Michigan including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Cheryl, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Cheryl, a proven Saline, Ypsilanti and Ann Arbor, Michigan NUMBER1EXPERT™ Top Selling real estate agent. About Cheryl - Information about Cheryl including testimonials, guarantees, credentials, and contact information. Learn why Cheryl is a proven Saline, Ypsilanti and Ann Arbor, Michigan NUMBER1EXPERT™ Top Selling real estate agent.
Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
What are the three most common environmental toxins for which homes are tested?
|
| A |
Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
