For a long time my mindset was always that the sooner you can pay off a mortgage balance on a property the better. A few years ago that view began to shift and now I’m fully on board with not paying it down ahead of schedule.
There are a couple good reasons why it is better not too.
The Reasons Why I Don’t Pay Off My Mortgage Balances
Risk Mitigation
When you have a loan balance on your property you in turn show less equity. Less equity means there is less you have available to take. Lawyers do not like going after people that
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