$400,000 Home Paid Off in Less Than 4 Years

The beautiful fall day outside of my office windows made it tough to concentrate that day. Not only were the leaves on the trees changing, our family’s financial situation was about to change as well.

Eventually, I made my way out of the office for the day and into the crisp autumn air. I took a deep breath to appreciate the moment and said to myself, “THIS is going to be a life changing day for our family.”

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Money Plans After the Mortgage is Paid Off?

Last week, Nicole and I made a really FUN phone call. We reached out to our mortgage company and said that we’re ready to pay off our 15-year loan. It was awesome!

I honestly can’t believe we’re here! After 4 years of extra payments and me repeatedly telling my patient wife the monthly balance … our day has come!

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8 Compelling Reasons to Pay Off Your Mortgage Early

My wife and I have been paying down the principal on our $200,000 mortgage for almost four years now. The balance currently sits at $20,000. We are knocking at the door of mortgage payoff paradise!

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Mortgage 101: Rates, Rentals and the Great Recession – with Tony Gatliff

You have been persistent, you’ve become best friends with Zillow and your hard work has paid off. You have finally found your dream home. Now, it’s time for the important next step of choosing your mortgage.

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How Are Your 2017 Goals Going?

Tomorrow is the 241st anniversary of the United States of America declaring its independence from Great Britain. While I’m preparing to spend a fun family day filled with hot dogs, beers and fireworks, I remembered that I also made a declaration of my own at the beginning of the year about my goals for 2017. We’re halfway done with the year so I thought I’d check in, share my progress and hopefully, you’ll do the same with me.

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5 Ways to Avoid Becoming House Rich and Cash Poor in a Seller’s Market

It’s home buying season! If you’re looking for a house right now, this very well could be one of the most difficult times to buy real estate. The amount of available homes is super low and prices have skyrocketed. In metro Detroit where I live, available homes have dropped 38% from last year to this year and prices have increased 9% already. As I googled other real estate in major metro areas, a similar story of low inventory and high prices spanned the country.

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What Our Mortgage Freedom Looks Like at 35

The home mortgage is quite often the largest expense in your typical annual budget. Since your mortgage eats up such a huge chunk of your monthly income, completely ridding yourself of it could be quite freeing.

My wife Nicole and I completely agree with this sentiment of mortgage freedom. We’re just not interested in having a mortgage anymore. So, we’re getting rid of it.

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2017 Goals: Marathon, Mortgage, Millionaire

2017 is right around the corner!  

I’ve made some exciting and challenging goals for myself for the new year.  Some are short-term and some are long term.  I like to dream big with my goals, but also infuse some reality into the process.

2017 is my “M&M&M” year … Marathon, Mortgage and Millionaire.

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15-Year Mortgage Paid Off in 5 Years

During late 2013 while I was traveling out-of-town for work, my wife Nicole found our “forever house”.

This home had everything she was looking for including an attached garage, open floor plan, updated kitchen, walk-in closet and a big backyard on a half-acre lot. She told me that this was THE ONE and as soon as I got home from out-of-town, I had to see it.

My wife has excellent taste and the majority of the time we are in sync. I wasn’t worried about liking it. I was worried about getting a BIG OLE MORTGAGE to pay for it!

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