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re: Another Dave Ramsey Thread
Posted on 8/14/13 at 10:31 am to Tigersfan
Posted on 8/14/13 at 10:31 am to Tigersfan
quote:
When discussing paying off a mortgage no one seems to be mentioning the neighborhood that it is in being a factor. For example, if someone has a house in the Kenner area (or somewhere where the property value may be perceived to be depreciating) why would anyone dump anymore money into their mortgage than necessary regardless of interest rate?
Can't follow your logic, even if the neighborhood your house is in turns into something like inner city Detroit you still have the mortgage debt.
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