There are currently more than 50 million home mortgages in the United States today. So why aren't more homeowners taking advantage of the highest yielding lowest risk, tax-free financial strategy available today?
Let me ask you.
Where can you.......
? Forego only $3.35 in tax savings (three dollars and 35 cents)
? Invest $350 over the course of 12 months ( three hundred and fifty dollars)
? Get a return of $3,300! (That's Three thousand three hundred dollars)
$3300 for $353.35?
It's certainly not the stock market, pork bellies or even currency trading. These vehicles are all highly leveraged high risk speculations in which the vast majority of the participants lose money, Lots of money.
So what is this low risk high return tax-free strategy?
Well, it's right in front of your nose. In fact this is so close to home that you may have never even realized the life altering benefits you can achieve.
It's called The Bankers Secret otherwise known as equity acceleration or mortgage principal pre-payment
Several years ago author Mark Eisenson wrote the best selling book titled The Bankers Secret which effectively blew the lid off of what most bankers were all too happy not to talk about. The strategy of pre-paying mortgage principal in order to accelerate equity gain.
It's no wonder they weren't talking. In our example above simply by paying an extra $350.00 on your mortgage in one years time $3300.00 in future interest is saved. Thats quite a savings, wouldn't you agree?
Years ago you could only learn of this by having a banker as a relative or by attending an expensive seminar.
Just imagine how much interest you will save while at the same time substantially cutting down the number of years it will take to pay off the mortgage.
But it gets even easier. Pay your mortgage on a bi-weekly basis (perfectly legal) and you will be astounded at the number of years you can shorten the mortgage while hardly noticing the change at all. This is the perfect strategy for those who feel they just can't afford to pre-pay a mortgage. Truth be known you really can't afford to miss this opportunity.
Since the publishing of The Bankers Secret many have embraced this deceptively simple and incredibly safe wealth building strategy. You may even have read the book and be familiar with the strategy. So the question begging to be asked is......
Why aren't you doing this?
There are several reasons most people don't begin an equity acceleration program but when you really analyze these you come to know that they're really not reasons at all, they're actually misconceptions.
See if any of these "reasons" sound like yours.....
? It sounds too good to be true
? I can't afford to pre-pay
? I'll lose my biggest tax deduction
? My banker will resent me if I pre-pay
? My banker will subtract my pre-payments from the back end of my loan
? I can get a better return on my money some place else
While many people use these as reasons not to get started the undiluted truth is that all these "reasons" are 100% false!
You can do this.
Start an equity acceleration program today and you will be years ahead of your friends at your very first mortgage burning party..
Remember this: When there is nothing to lose by trying and everything to gain then by all means try!
Randall Madon is a business owner who is also a Homeowner. He uses a totally free equity accelerator software program. You can use it too. Download your free copy at http://mortgagesavers.has.it
There are hundreds of mortgage companies in the Jacksonville real... Read More
Californians are passionate people. I know. I have lived in... Read More
How many times do you check you restaurant bill? If... Read More
In days gone by, the family typically spent their evenings... Read More
The best way to explain why a mortgage professional is... Read More
Before you consider taking out an interest-only mortgage, you should... Read More
Before you borrow money on your home's equity, think twice... Read More
The real estate market in California is booming. Home values... Read More
Man has been known for continually simplifying things in his... Read More
You have finally found the home of your dreams. You... Read More
Simply stated, a reverse mortgage is a loan that enables... Read More
If you are considering buying a home, then you may... Read More
Because the new bankruptcy laws go into effect on October... Read More
You've been looking at houses for months, and finally you've... Read More
If you have a recent bankruptcy on your credit and... Read More
Closing on a property is a very challenging time for... Read More
The recent boom in house price values have made some... Read More
You can maximize your savings by shopping for a lender... Read More
Are you considering applying for direct homeowner loans? Perhaps you're... Read More
Home prices in the Untied States continue to soar, and... Read More
Homeowner - does this term catch your attention every time... Read More
First time home owners are sometimes surprised at the complexity... Read More
So, your bank had just turned you down for a... Read More
When you consider that the average home owner will pay... Read More
Obtaining a home equity loan does not have to be... Read More
If bulls and the bears of the stock market have... Read More
One of the biggest reasons homeowners refinance their mortgage is... Read More
Homeowners facing foreclosure should be aware of unscrupulous lenders and... Read More
Like a big brother keeping notes of the erring behaviour... Read More
There are several reasons why you might be in the... Read More
Although any loan used for buying real estate is strictly... Read More
If your mortgage company is threatening foreclosure, there are things... Read More
Searching for a mortgage can sometimes be a hassle. Where... Read More
If you have bad credit history, no down payment or... Read More
Will you be asked to pay Private Mortgage Insurance, or... Read More
With escrow accounts the money for your home insurance and... Read More
Buying a home with bad credit is possible with the... Read More
Most people probably assume that obtaining a mortgage to purchase... Read More
If you have a mortgage on your property, whether it's... Read More
When you consider that the average home owner will pay... Read More
How To Release Equity Locked Up In Your Home For... Read More
Buying a home remains the great American dream. Home ownership... Read More
Many Homeowners are not aware of all the options that... Read More
To find the cheapest home improvement loan that you can,... Read More
If you as an investor understand the process, you will... Read More
Mortgage cycling is a system that relies on solid budgeting,... Read More
Choosing the right home equity loan can be tricky; you... Read More
Escrow is one of the last stages in the purchase... Read More
Outlined below is a useful guide to flexible mortgages. Flexible... Read More
Interest rates are on the rise and many home owners... Read More
More and more of use are signing up for limited... Read More
If you are wanting to get a home equity loan,... Read More
Real estate prices are rising across the country, and Americans... Read More
The answer depends on several factors including your financial situation.... Read More
Outlined below are some useful flexible mortgage tips. The most... Read More
There are many benefits and drawbacks to consider when deciding... Read More
Homeowner - does this term catch your attention every time... Read More
A Self-Certification mortgage is a mortgage designed for people who... Read More
If you think you have good credit, think again. Chances... Read More
Listed below is a guide to mortgage terms. It is... Read More
Few of us invest the time and effort into researching... Read More
If you buy new windows, you'll not only pay for... Read More
Refinancing online is a great opportunity to find low interest... Read More
Bridging finance, also referred to as "bridge loans" and "bridging... Read More
"You can save time and money by applying for a... Read More
Finding home mortgage loans are a reality for people with... Read More
Mortgage Refinance |