Episode 129: Building Wealth through Homeownership with Gracie Morrow
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Episode 129: Building Wealth through Homeownership with Gracie Morrow
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On today's episode of Community Cocktails with Kimberly, I sit down with mortgage expert Gracie Morrow to discuss the pros and cons of renting versus buying a home.
We explore the financial implications and different factors to consider beyond interest rates, such as changes in living situations and financial stability. Gracie also explains that mortgage payments build equity and debunked the myth that upgrading to a better property requires significant income or savings, noting that equity from a first home can serve as a down payment for a more expensive property.
If you're planning to buy a home in the future, this is an episode you can't afford to miss!
Gracie's Contact Information:
Email: gracie@gmmg-mtg.com
Phone: 214-296-2284
Website: www.gmmg-mtg.com