mortagesandforeclosures

by mortgage freedom

Do You Know The Next Step?

Do you know the in and outs of the stock market? Well for most of us we are only good at contributing money to our savings and 401k plans. And thats about it.

Do you consider yourself a financial whiz kid when it comes to investing in the stock market?

It is not your fault. You are just not given the right information.

Without a clear goal and objectives you are bound to lose your money even if you are managing your own money or having a specialist manage your nest egg.

If investments are difficult to understand or you want to diversify your assets, then real estate is still the best investments you can make. It is easier to understand and it can help you increase your net worth. And even if the value is slashed, there is no loss unless you sell the home.

The Rewards of A Final Payoff

We are naturally forced into believing that we have to pay off our mortgages over 30 years or longer and thats just the way it is meant to be. But do you know using a system like mortgage free for life can speed up the process, without changing your lifestyle?

Paying more than the required amount on your monthly mortgage payment is one way of paying down your original loan total.

But this requires some sacrifice on your part. Your extra money is now being applied to your mortgage instead of you using these funds to invest or save emergency funds for that rainy day.

Are you in a position right now to spend more money each month to pay off your mortgage?

And dont neglect your investments

Do you know that you can eliminate your mortgage faster without spending more of your own money and use the extra cash you have for investment purposes and at the same time be mortgage free for life?

Eliminate Your Mortgage Not Your Extra Cash

Paying off your mortgage in under half the time is easily achieved by using the mortgage free for life system.

If you take a look at your mortgage schedule at closing you will easily find out that your mortgage payments is heavily weighted towards interest payments upfront. If you pay a mortgage payment of $1200 a month $1,100 could go to interest and $100 towards mortgage principal.

Using a mortgage acceleration system like Mortgage Freedom for life, you could easily save thousands in interest rather than paying this to the bank. And you can slash your mortgage, and pay this in record time.

Using a financial calculator, a professional can show you how to accelerate your mortgage.

And here is the real secret behind the mortgage acceleration program

A HELOC (Home Equity Line of Credit) is the secret to pay off your mortgage and living mortgage free for life.

One way to pay off your mortgage and live mortgage free for life is to use a HELOC. In this economy the real savings is that HELOC rate of interest are at their lowest point in their last 55 year history. Therefore using a HELOC as a checking account you could end up paying off your mortgage savings thousands in interest. Not you mention you can eliminate your payment in half the time.

Refinancing is not the best way to reduce monthly payments. In fact, refinancing can enlarge debt in many cases. Mortgage Free for Life reduces debt.

If you have kids imagine them finishing college without taking a lifetime to pay off debt. That would be one of the biggest gifts that any kid would like to have especially when they are just getting started in life.

The equity you have in your home could be used to fund the down payment on an income producing property.

To summarize:

Know What You Should Do Next To Become Mortgage Free For Life

Except for investing in our retirement savings plans you must know how to invest your money in the stock market for the best returns.

The money you invest needs to have a clear goal in order to have a successful outcome.

Use any Mortgage Free for Life strategy to speed up the payoff process

One way to pay off your mortgage is to pay extra or even use the biweekly payment system but look to use a mortgage free for life strategy without scarifying your lifestyle

A new concept to pay off your mortgage and be mortgage free for life is to use a mortgage acceleration method. This simple technique converts your Home Equity Line of Credit into a advanced checking account and you take Control of Your Finances.

About the Author:

For the very best information and selection of mortgage free for life online, there is no better place you will find than Mortgage Free For Life

Get all the information and photos:: http://mortgagewide.info/mortgage-free-for-life-easy-how-to/