Cash reserves are always good especially as we head into a time of financial uncertainty. Also known as "liquid assets", these reserves also include any items/funds that can be quickly turned into cash.
These can be funds in a checking and savings account, most investments, or retirement accounts.
It is always nice to have some funds in reserve because there are always items that are unexpected when you buy a new home or move.
If you have questions about a mortgage and don't know where to turn, send me a message and I can connect you with one of the expert mortgage professionals I work with!
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Peter A. Mohylsky
Your Bucket List Broker
Broker, Business Manager
PMI - Destin
Office: 36150 Emerald Coast Parkway, Suite 103
Search for properties at www.yourbucketlistbroker.com
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Things to do at the beach, South Walton Happenings
Selling the Gulf Coast since 1995.
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My Market Area is Pensacola to Panama City. I specialize in second homes and Investment properties. I love working with first time home buyers and active duty and retired military families.