Paying with credit cards will help rebuild, so sounds like you are taking good steps.

There are several companies here in Kansas City that purchase homes, complete teardowns, and rebuild new homes.

Prepayment of this mortgage after ten years would reduce the total interest payout by at least 50%.Without the burden of a mortgage, the improved cash flow can be a motivating factor to pay early.Disadvantages:Paying off a mortgage balance can drain a savings or investment account and require starting over to rebuild them.Financial advisors explain that lost opportunity costs represent the potential benefits an individual can miss by paying off a mortgage early.

Fayetteville was a good buy about two decades ago, house prices went down in 2008 a lot, but right now they are trying to rebuild.

Should I 1) sell the house for 1.4mm or 2) tear down and rebuild.  

. $450 a year seems pretty cheap to avoid a rebuild that will cost more than 300K.

I've rebuilt a fair amount of foundations and even when they show signs of movement it can be many years till they need full rebuild. 

Are these the types of homes most are flipping, or are you looking for the really trashed out places that need a total gut and rebuild?

Strong price growth has helped many Florida homeowners rebuild home equity - by FL Realtors.

But if possible, i like to get the communitie involved also (non accreditors ) to help rebuild city.