Q&A: Sell Your Home or Stay Put?
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 18 June 2024
⏱️ 60 minutes
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Summary
Transcript
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| 0:00.0 | Joe have you ever advised people who are taking out a mortgage that has certain dangers that they're unaware of. |
| 0:06.8 | Dun, Dun, right? |
| 0:09.2 | I don't know what dangers are we talking about? |
| 0:11.8 | Well, you know, you're familiar with the 3-2-1 buy-down mortgage. |
| 0:15.0 | Oh. |
| 0:16.0 | That ominous countdown timer. |
| 0:18.0 | Right, yes, yes, yes. |
| 0:21.0 | And there are some surprises that can lurk ahead. Oh, we're going to talk to a caller who is |
| 0:28.7 | interested in getting a three-two-one buy-down mortgage,B-1-Downdon's. |
| 0:35.0 | But before we get to that question, we're also going to talk to a caller who has both a full-time and a part-time job |
| 0:45.6 | and wants to max out their retirement contributions and is wondering whether or not they can do so. |
| 0:50.1 | And we're also going to talk to someone who currently has a primary residence in the Midwest. |
| 0:56.0 | They have a rental property in Brooklyn and they want to move to a different home in the Midwest. |
| 1:02.0 | And so there's some juggling that needs to happen |
| 1:03.7 | and we're going to figure out how to put those puzzle pieces together. |
| 1:06.3 | Sweet! |
| 1:07.3 | Welcome to the Afford Anything Podcast. |
| 1:09.8 | This is the show that understands you can afford anything but not everything every choice |
| 1:14.4 | carries a trade-off and that applies to your time your money your focus your energy |
| 1:18.7 | to any limited resource that you need to manage this is a show that's all about optimizing those |
| 1:24.8 | limited resources so that you can build wealth and live a more optimal focused life. |
| 1:30.9 | My name is Paula Pant, I trained in economic reporting at |
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