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.

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Answered on 9/17/08, 8:29 pm


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