Legal Question in Real Estate Law in Florida
New Home Purchase
My home will be fee simple in 3 years. I am contemplating building a log cabin in the Carolinas. My question is: Is this a good financial move? My present home will be paid in 3 yrs. and now I will start with another mtg. for 15 years. I am presently 50 yrs. old and my husband is 60yrs. I will only finance $50,000.00. Your input wiould be appreciated. Thank you
Asked on 9/17/08, 8:24 pm
1 Answer from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
Re: New Home Purchase
This is a better question for your CPA, and can ultimately only be determined by you.
Answered on 9/17/08, 8:29 pm