This is not tax advice! But, it is meant to cause you to think a bit about debt. Recently, I’ve been thinking about how the super fortunate among us are able to both “use” the bank and “be” the bank. Those of us who aren’t in that position need to determine how to best “use” the bank/leverage. Here’s one perspective. The most interesting paragraphs are the last four: https://www.djc.com/news/re/12044456.html?cgi=yes. Note that effectiveness of a 30 year note over a 15 year note assumes discipline, and ignores the use of a mortgage as a “forced savings plan.”
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Uncategorized • August 31, 2012
Mortgages:15 or 30 year note?
by Michael Doyle
Uncategorized HGTV Ultimate House Hunt – Vote for our listing! Hi all, Our Birch Bay listing has been nominated to be featured on HGTV’s Ultimate House Hunt! Please take a minute to vote for our listing so that we can be named as 2017’s Great Estate listing! http://www.hgtv.com/design/ultimate-house-hunt/2017-ultimate-house-hunt/great-estates Thank you!
Sellers 1224 Shark Reef Road I'm really excited to have just listed this beautiful, modern home on stunning waterfront acreage; completed in 2011 after years of careful contemplation by an architect/owner creating for himself. The site and home feature spectacular views over San Juan Channel, Cattle Point Lighthouse, and the Strait of Juan de Fuca to the Olympic Mountains. The home's orientation provides […]