3 ms·
I was happily living in an owned home, paying off the mortgage (with very low interests mind you!) but I ended off selling it, and staying resident as a tenant
by pvdebbe 10y ago
I was happily living in an owned home, paying off the mortgage (with very low interests mind you!) but I ended off selling it, and staying resident as a tenant for the buyer!
Reasons aside, while my monthly expenses have increased a bit (not terribly much) I've been much happier and care-free now. The hundreds that I would put away for inevitable fixups and maintenance, I can now put in stocks, index funds. I personally can't hold the hammer the right way in my hand so it's been costly.
It's not customary in Finland to take second mortgages against house so having money in stocks is vastly more easily liquidable as well.