Escrows — Pay With Mortgage or Use To Save Interest?
Why do a lot of lenders not give mortgages unless you pay them escrows with the monthly payment? They will not even give you an option. Because they make good use of your money while it is waiting for tax time. There are some lenders however who will give you an option, and if they do, you would be wise to say ‘no thank you to paying escrows, I’ll pay my own taxes’, and here is why. #1 — Taxes are due twice a year, so if you are paying the bank/lender a portion every month, what are they doing with that money? Of course they are investing it and earning themselves some nice interest. They are most likely lending it to someone else. Maybe you are the someone else? #2 — Let us look at how that escrow payment money could be working for you instead of working for the lender. More »
Bank Strategies Used By The Financial Navigation Solution System
When a software system is programmed to incorporate at least 6 bank strategies that when united together working in unison, become an awesome debt elimination, wealth building financial navigation solution, you would be amazed at the speed you can pay off debts.
What are those 6 bank strategies? Interest cancellation, interest accumulation, interest float, time value of money, repositioning and maximizing idle money and advanced strategic payoff.
There is a high-tech financial solution, a dynamic, real-time tool that is paying off debt, strategizing money, building wealth, tracking finances and generally educating it’s users, while at home, with their own money. It is truly like having a financial coach in your own home when ever you need one. This system is not a theory or a book or box of CD’s full of ideas. It is an actual real-time financial gps tool.
Categories: Bank strategies for Fastest Debt Elimination, DEBT ELIMINATION, Financial Navigation Solution
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