Borrow Smart Retire Rich: How Can You Pay Off Your House Early, or Increase Your Wealth by $1 Million? A 7-Step Guide

Borrow Smart Retire Rich: How Can You Pay Off Your House Early, or Increase Your Wealth by $1 Million? A 7-Step Guide by Todd K. Ballenger; Daniel Williams. Paperback edition. ISBN: 9781934818503.

From 2001 to 2004, the average U.S. stock portfolio dropped 34%, while the average U.S. house value increased 21%. This dramatic period of time created a shift in awareness about the potential roles the house may play in the building, managing, spending and transferring of wealth during your lifetime. While owning a house can be financially rewarding, learning to manage your borrowing can transform your financial future. If you manage your assets without managing your liabilities, you are heating and cooling your house with the windows wide open. Now is the time to learn how you can Borrow Smart and Retire Rich. This book will help answer many of your questions. * What is the new "location, location, location in real estate? * How can I protect my house equity from Depreciation? Foreclosure? * When should I repay my borrowing and when should I not? * How should I repay my borrowing to maintain maximum flexibility? * How can I access the wealth in my house? When do I lose access? * When does owning a house positively impact my net worth? * How can I maximize the role of my house in creating new wealth? * How can borrowing (or not borrowing) dramatically affect my future? * What borrowing mistakes compound like interest over time? * How can I minimize taxes when I sell my house? * Which loan product, payment, and amount are most suitable for me? * How can I actually manage my house in just 30 minutes a year? --- from books back cover