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Everyone offers free school reports. We do too! Plus we offer more. As top Ottawa, Kanata and Stittsville real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Ottawa, Kanata and Stittsville, Ontario area on a daily basis. It's our job to know, and our job to tell you. 

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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 is considered the world's tallest building?

A 
The 185-story CN Tower in Toronto, Canada is the world's tallest free-standing building, rising to 1,815 feet.
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The Mike Robinson Team, REALTOR®, real estate agents and broker for Ottawa, Kanata and Stittsville Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Robinson
Sales Representative

Royal LePage Team Realty
484 Hazeldean Road
Kanata, ON. K2L 1V4
Phone: 613-592-6400
Fax: 613-592-4945
Email: Mike@MikeRobinson.ca

The Mike Robinson Team offers extensive knowledge and experience of the Ottawa real estate market. It is their objective to help clients make decisions that are in their best interest while supporting the clients real estate dreams and goals. This business model has created a “client for life” atmosphere with over 65% of their business coming from repeat clients or referrals from past Buyers and Sellers. Call on our team today and start packing!

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