Advantages of selling your mortgage
- Cash Now
- Pay off your bills
- Pay off high interest credit cards
- Fix up your house
- Diversify your investments
- Take a vacation
- Pay for childrens education
- Buy a business
- No more worry about collecting payments
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Disadvantages of keeping a mortgage
- Late payments
- Missed payments
- Inflation
- Liens placed on property
- Default on loan
- Damage to property
- Accounting nightmares
- I R S reporting
- Leaves you short of money
- What can go wrong will go wrong
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