Team Member Since 2019
Since 2016 I have worked with my family's company, helping them to acquire land, build, and sell new houses in the Asheville, Waynesville, and Canton areas.
I am a Haywood County native who grew up in Waynesville. I joined the Navy after school and served four years in San Diego and deployed. I moved back to Haywood County in 2012, and worked in the medical field until joining my family's general…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.
University of North Carolina at Asheville