It is best if you recognize at a young age how important homeownership is to helping you build a sizable net worth to help you retire at a younger age and more comfortably. Nearly 47% of middle class families net worth comes from home equity that they have accumulated from being a long term home owner. The best strategy is to alway roll your equity from one home to the next if you buy
and sell, don’t cash out. This will offer you lower payments, interest rates, and avoid mortgage insurance in many cases. If all this saves you an extra $250 a month then you can also contribute that extra money to retirement.
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