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Real Estate
Reply to "House renov/addition: pay cash? Refi? HELOC?"
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[quote=Anonymous]OP here ... part of me says it's right to leverage, otoh given that prop taxes will increase significantly as value goes up, I hesitate to add to the monthly overhead at the time when I'll be giving up my salary shortly and then also waiting 4-6 yrs to start pulling Social Security ... the greater need for monthly outflow makes me more nervous than having less in the bank when -- relatively --- we'll still have a very healthy balance. we'd be going from approx. $2400/mo. to over $4k/mo.... but that's just subjective/thinking out loud ... [/quote]
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