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40-Year Mortgages: Affordable Dream or Long-Term Trap?

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Manage episode 442056444 series 3448781
Content provided by Uncommon Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Uncommon Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of Uncommon Estate of Mind, we dive into the debate surrounding 40-year mortgages. Are they a game-changer for homebuyers looking to lower their monthly payments, or do the long-term costs outweigh the short-term savings?

We explore the impact of these extended mortgages on both investors and owner-occupants, examining how they affect interest costs, equity-building, and long-term financial planning.

Whether you're a first-time homebuyer, seasoned investor, or considering using a 40-year mortgage to expand your portfolio, this episode offers valuable insights to help you make informed real estate decisions.

Tune in for strategies that could shape your financial future!

Resources:

Fund and Grow - https://www.fundandgrow.com/webinar-registration?ref=joeygarba&session=ondemand

Disclaimer: This Video/Audio and description contains affiliate links, when you sign up using an affiliate link, we earn a small commission. This comes directly from the company and does not affect you in any way.

Connect with Uncommon

https://www.instagram.com/uncommonestateofmind/

YouTube: https://www.youtube.com/@uncommonestateofmind

uncommonestateofmind@gmail.com

Connect with Joey Garba:

Instagram - https://www.instagram.com/mrjmaze/

Connect with Ademola Dawodu:

Instagram - https://www.instagram.com/adtheflyrealtor/

Personal - https://linktr.ee/adtherealtor

  continue reading

42 episodes

Artwork
iconShare
 
Manage episode 442056444 series 3448781
Content provided by Uncommon Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Uncommon Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of Uncommon Estate of Mind, we dive into the debate surrounding 40-year mortgages. Are they a game-changer for homebuyers looking to lower their monthly payments, or do the long-term costs outweigh the short-term savings?

We explore the impact of these extended mortgages on both investors and owner-occupants, examining how they affect interest costs, equity-building, and long-term financial planning.

Whether you're a first-time homebuyer, seasoned investor, or considering using a 40-year mortgage to expand your portfolio, this episode offers valuable insights to help you make informed real estate decisions.

Tune in for strategies that could shape your financial future!

Resources:

Fund and Grow - https://www.fundandgrow.com/webinar-registration?ref=joeygarba&session=ondemand

Disclaimer: This Video/Audio and description contains affiliate links, when you sign up using an affiliate link, we earn a small commission. This comes directly from the company and does not affect you in any way.

Connect with Uncommon

https://www.instagram.com/uncommonestateofmind/

YouTube: https://www.youtube.com/@uncommonestateofmind

uncommonestateofmind@gmail.com

Connect with Joey Garba:

Instagram - https://www.instagram.com/mrjmaze/

Connect with Ademola Dawodu:

Instagram - https://www.instagram.com/adtheflyrealtor/

Personal - https://linktr.ee/adtherealtor

  continue reading

42 episodes

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