phil5185
Junior Associate
Joined: Dec 26, 2010 15:45:49 GMT -5
Posts: 6,412
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Post by phil5185 on Jan 21, 2015 20:39:37 GMT -5
Bonny, DH is firm about selling once our tenants leave. He sees this house as a money pit more than an investment most of the time. I explained to him about paying it down so we don't have to bring so much to the table to pay it off when we do sell, and he gets it. He doesn't like it, but he gets it. Just gotta keep on keeping on.
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phil5185
Junior Associate
Joined: Dec 26, 2010 15:45:49 GMT -5
Posts: 6,412
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Post by phil5185 on Jan 21, 2015 20:43:31 GMT -5
Paying it down early means that you're locking money into house equity - why not keep that money in the bank where it is accesible? It's the same momey, no need to store it in a bad place.
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