The Home Equity Merry Go Round

DebtPublished December 24, 2009 at 6:51 am No Comments

In the last 20 years, investment and mortgage brokers have made a killing refinancing mortgages and using the accumulated home equity to pay off debt. A Second Mortgage, a term that in my parents day, was only whispered in dark alleys, has all but been replaced by the politically acceptable “Line of Credit”. For many
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Home Equity Loans for Low Credit Rating

LoansPublished December 22, 2009 at 7:50 pm No Comments

It can be disheartening when you badly need to apply for a loan and you have a bad credit rating. Most companies will turn down your application, or if they do approve, you will still be burdened with high interest rates. But the good news is, this is not necessarily the end of the road.
There
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Home Improvement Loan – How to Use it to Increase The Value of Your Home

UncategorizedPublished December 10, 2009 at 7:32 am No Comments

The last 3 years have left many home owners in distress over their homes. Most of us really believed that house prices would keep going up forever. The housing boom made us feel invincible because, in our lifetime houses have always gone up and have rarely gone down so we started to take out huge
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