Subdividing Land to Pay Off Your Mortgage
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Subdividing Land to Pay Off Your Mortgage
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About this listen
In this episode of The Unlocking Doors Podcast, Cory Meals and Michelle Castle talk about a creative financial strategy more homeowners are considering: subdividing your property to pay down — or even pay off — your mortgage.
They walk through:
• When subdividing is allowed in your area
• What zoning, surveys, and permitting look like
• How selling part of your land impacts your mortgage
• Pros, cons, and realistic expectations
• Examples of homeowners who have successfully used this strategy
If you’ve ever wondered whether your land could work for you, this episode breaks it all down in a simple, practical way.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.