Time Moneyland Answers Today’s Real Estate Financial Fitness Questions

Time Moneyland co-sponsored this year’s “Financial Fitness Day” with the Financial Planning Association of New York. As part of the financial fitness discussion, real estate was an important topic. Some of the questions about real estate included:

  • “Is the old rule that the time horizon to hold a property should be at least five years still in effect?”
  • “Should I get a mortgage if I have the ability to pay all cash?”
  • “How are millenials affecting the housing market?”
  • “If I know my mortgage costs, how can I estimate my total housing costs?”
  • “Why can’t I find real bargains on foreclosures in my area?”

See how these questions were answered at http://ti.me/VQL7zE

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