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The Real Estate Podcast

TO PAY or NOT TO PAY Off Your Mortgage - What's Best for You? | EP282

In this essential episode of KT Confidential, Adrian Trott and Ariel Kormendy delve into one of the most debated topics in personal finance: Should you aggressively pay off your mortgage, or are there smarter ways to utilize your hard-earned cash? Whether you're a first-time homebuyer, a seasoned homeowner, or somewhere in between, this discussion is tailored to provide valuable insights that could potentially reshape your financial future. ************************ 0:16 – Intro 4:46 – Adrian's backstory 8:30 – Don't overthink it and get into the market 10:26 – Why Adrian chose to fully pay off his mortgage 14:26 – Spousal RRSP Contribution 16:16 – Taking advantage of your RRSP room contribution 21:26 – People don't make their first home their last home 27:41 – The real estate market in the U.S. is different from Canada 34:30 – Outro/recap ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: www.instagram.com/kormendytrott
 YouTube: www.youtube.com/user/kormendytrott
 Facebook: www.facebook.com/kormendytrott 
Twitter: www.twitter.com/KormendyTrott Soundcloud:http://www.soundcloud.com/ktrealty 
LinkedIn: www.linkedin.com/company/ktrealty 
Pinterest: www.pinterest.ca/KormendyTrott 
TikTok: www.tiktok.com/@kormendytrott?lang=en ************************ In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area. We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, KT Confidential - the real estate podcast, and more!
Broadcast on:
08 Apr 2024

In this essential episode of KT Confidential, Adrian Trott and Ariel Kormendy delve into one of the most debated topics in personal finance: Should you aggressively pay off your mortgage, or are there smarter ways to utilize your hard-earned cash? Whether you're a first-time homebuyer, a seasoned homeowner, or somewhere in between, this discussion is tailored to provide valuable insights that could potentially reshape your financial future. ************************ 0:16 – Intro 4:46 – Adrian's backstory 8:30 – Don't overthink it and get into the market 10:26 – Why Adrian chose to fully pay off his mortgage 14:26 – Spousal RRSP Contribution 16:16 – Taking advantage of your RRSP room contribution 21:26 – People don't make their first home their last home 27:41 – The real estate market in the U.S. is different from Canada 34:30 – Outro/recap ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: www.instagram.com/kormendytrott
 YouTube: www.youtube.com/user/kormendytrott
 Facebook: www.facebook.com/kormendytrott 
Twitter: www.twitter.com/KormendyTrott Soundcloud:http://www.soundcloud.com/ktrealty 
LinkedIn: www.linkedin.com/company/ktrealty 
Pinterest: www.pinterest.ca/KormendyTrott 
TikTok: www.tiktok.com/@kormendytrott?lang=en ************************ In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey. Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area. We’d appreciate it if you’d subscribe and follow us for behind-the-scenes footage, real estate tips, industry secrets, exclusive listings, KT Confidential - the real estate podcast, and more!