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  • Format: ePub

Conventional wisdom teaches that when buying a home, the wisest strategy is to make the biggest down payment possible, get a fixed-rate mortgage that is amortized over a shorter period (15 years, perhaps), and make extra principle payments or use a biweekly payment option in order to pay off your mortgage as early as possible and build equity. This book teaches you why conventional mortgage wisdom is ALL WRONG.

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Produktbeschreibung
Conventional wisdom teaches that when buying a home, the wisest strategy is to make the biggest down payment possible, get a fixed-rate mortgage that is amortized over a shorter period (15 years, perhaps), and make extra principle payments or use a biweekly payment option in order to pay off your mortgage as early as possible and build equity. This book teaches you why conventional mortgage wisdom is ALL WRONG.


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Autorenporträt
For over 20 years Samuel N. Asare has developed a reputation as a trusted retirement advisor and financial expert who provides clear, unbiased guidance. He has authored several publications covering a wide range of personal finance topics. Samuel holds an MBA as well as the coveted advanced designation of Chartered Financial Consultant (ChFC) and the elite Enrolled Agent (EA) credential issued by the IRS to professionals who demonstrate special competence in federal tax matters. He is also a Chartered Retirement Planning Counselor (CRPC), Chartered Mutual Fund Counselor (CMFC), Chartered Advisor for Senior Living (CASL), Chartered Life Underwriter (CLU), Certified Treasury Professional (CTP), and Certified Business Manager (CBM).