Paying down your mortgage early is a great thing to do, and can be considered a good investment for many homeowners. I, myself, am not a financial advisor, but I have culled several interesting articles that outline the pros and cons of paying off your mortgage early from several finance and real estate experts. First, check out this article, which outlines the benefits of mortgage repayment. Then, check out this article, which says basically the opposite thing! Finally, check out this article, which dispels some confusion over whether or not paying off your mortgage early is a good idea. Whether or not you should pay off your mortgage early is a personal decision that requires a lot of thought and discussion before it’s made. I know what my decision is, what’s yours?
Thinking of buying or selling a home in Sussex County? Give us a call at Cooper Realty Associates and put us to work for you – 302-644-2266.