Shreveport and Bossier City real estate and homes for sale in Louisiana, gated communities - Glenna Nesbitt and Shelton Floyd, REALTORS® Glenna Nesbitt and Shelton Floyd REALTORS(r) for Shreveport and Bossier City, Louisiana real estate - NUMBER1EXPERTS™ Glenna Nesbitt and Shelton Floyd NUMBER1EXPERTS(tm) for Shreveport and Bossier City, Louisiana real estate

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Glenna Nesbitt and Shelton Floyd, REALTOR®, real estate agents and broker for Shreveport and Bossier City Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)


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Real Estate Tips
Financing Your Home >Home Free

Conventional wisdom says, "Don't pay off your mortgage early." Are you foolish to consider an early payoff? Absolutely not! By adding just $50 to $100 to your mortgage payment every month, you can save thousands of dollars in interest, pay off your loan quicker, and eliminate a major monthly expense.

The argument usually given against paying off a mortgage early is that you can make investments with your extra cash, such as mutual funds, stocks or bonds, which pay higher returns. This approach enables you to take the mortgage interest deduction and have easy access to your money, in case you need it. These are all definite pluses, but are not guaranteed savings results.

Any extra income which an investment might generate above your home equity appreciation can be offset by a bad year in the investment market. Investment earnings can virtually eliminate the income tax advantage of your mortgage interest deduction, since stocks and bonds are likely to generate a fair amount of dividends, interest income and capital gains.

It isn't as simple as conventional wisdom--consult a financial expert.

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Real Estate Trivia
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What group of settlers introduced the log cabin to the New World?

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The Swedish settlers of Delaware brought their own timber for building log cabins, a style that originated in Finland.
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Glenna Nesbitt and Shelton Floyd, REALTOR®, real estate agents and broker for Shreveport and Bossier City Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Glenna Nesbitt and Shelton Floyd
Coldwell Banker J. Wesley Dowling & Associates

8805 Line Avenue Suite 100
Shreveport, Louisiana 71106
Glenna Direct Line: 318-869-5833
Shelton Direct Line: 318-869-5884
Fax: 318-861-6252
info@HomesofLouisiana.com

`Glenna and Shelton have been Shreveport residents for over 50 years with a combined real estate experience of 30 years. Glenna and Shelton were awarded the International President’s Circle-Coldwell Banker, and the Circle of Excellence-Coldwell Banker. Call or email today - The Number 1 Team in Shreveport for 2002, 2003, 2004, 2005, 2006, and 2007.

MLSREALTORERCRELOEqual HousingABRCRS



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