Team Member Since 2019
My job as your real estate agent is to alleviate your stress. Shopping for a new home is fun and exciting, so the contracts, negotiations, and moving details shouldn’t take away from that experience. I’ve spent over a decade of my career wor…Read More
I grew up in the country in southern Alabama. My childhood was spent playing in the woods, barrel racing, riding horses, and tending to all the different animals at our home. After high school, I moved to Tallahassee for college and met my…Read More
Why isn’t it a good idea to pay off your mortgage?
Paying off a mortgage quickly doesn’t make a lot of financial sense, but it does give a lot of homeowners a great deal of comfort. For it to make sense for you, the investment’s annualized rate of return needs to earn more than the cost of your mortgage interest rate. With many homeowners sitting on some of the lowest rates in history, (3.5%–5.5%) it’s not hard to achieve a higher rate of return. What makes it hard is that there are few guarantees in investments. While the stock market has produced a rate of return close to 10% over the last 90 years, individual investments lose money every day. Even real estate can include risk from market conditions and lack of liquidity. Working with a professional financial planner and mortgage loan officer is the best way to achieve confidence in your personal financial goals.
Tallahassee Community College