Comments on: No Bubble to Burst on Remodeling http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/ Welcome to Market Memo, your source for current trends, notes, and analysis of the U.S. remodeling market. Wed, 20 Aug 2008 16:28:45 +0000 http://wordpress.org/?v=2.3.3 By: Lee Matthews -- Financial Concepts West http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-2201 Lee Matthews -- Financial Concepts West Sat, 02 Feb 2008 19:59:34 +0000 http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-2201 "So when we talk about the prospect of house price declines, we also talk about the a reduction in home equity and ultimately a lower level of remodeling activity attributable to cash-outs." House price declines are less of an issue for some. More and more folks are using a Home Equity Line of Credit (HELOC) as a cancellation account to accelerate their home equity and payoff their home *years* sooner than listed on their mortgage amortization schedule. Unfortunately, today’s Real Estate market means that folks can no longer count on appreciation to build home equity. Those who realize that they need to pay down their current mortgage debt are looking for alternate ways to aggressively (yet safely) build equity. And they've discovered a perfect online system to do that; they can focus on their wealth accumulation goals while accelerating their equity simply by using a Home Equity Line of Credit to ‘power’ the Money Merge Account™ financial solutions program. A typical 30 year loan (of whatever type) can be paid down in 1/3 to 1/2 the time — it's a great way to save *huge* amounts of income by eliminating a mortgage amortization front-end interest load. (On a million-plus dollar home, I've personally seen where the Money Merge Account™ program will save the homeowner $750,000 in interest charges!) And the best thing – homeowners don’t have to refinance their existing mortgage or, in most cases, make any adjustments to their lifestyle. It is unfortunate that most of us were never taught to follow three essential principles: (1) Avoid paying interest, whenever possible, (2) Use other people’s money, whenever possible and (3) Find and use a financial system that will guide you, especially if you have the tendency to go off-track. The Money Merge Account™ software and the program’s counselors use these principles to keep each homeowner focused on their wealth accumulation goals. I’d be happy to provide further details… “So when we talk about the prospect of house price declines, we also talk about the a reduction in home equity and ultimately a lower level of remodeling activity attributable to cash-outs.”

House price declines are less of an issue for some.

More and more folks are using a Home Equity Line of Credit (HELOC) as a cancellation account to accelerate their home equity and payoff their home *years* sooner than listed on their mortgage amortization schedule.

Unfortunately, today’s Real Estate market means that folks can no longer count on appreciation to build home equity. Those who realize that they need to pay down their current mortgage debt are looking for alternate ways to aggressively (yet safely) build equity.

And they’ve discovered a perfect online system to do that; they can focus on their wealth accumulation goals while accelerating their equity simply by using a Home Equity Line of Credit to ‘power’ the Money Merge Account™ financial solutions program.

A typical 30 year loan (of whatever type) can be paid down in 1/3 to 1/2 the time — it’s a great way to save *huge* amounts of income by eliminating a mortgage amortization front-end interest load. (On a million-plus dollar home, I’ve personally seen where the Money Merge Account™ program will save the homeowner $750,000 in interest charges!)

And the best thing – homeowners don’t have to refinance their existing mortgage or, in most cases, make any adjustments to their lifestyle.

It is unfortunate that most of us were never taught to follow three essential principles: (1) Avoid paying interest, whenever possible, (2) Use other people’s money, whenever possible and (3) Find and use a financial system that will guide you, especially if you have the tendency to go off-track. The Money Merge Account™ software and the program’s counselors use these principles to keep each homeowner focused on their wealth accumulation goals.

I’d be happy to provide further details…

]]> By: Bob Match http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-14 Bob Match Mon, 17 Jul 2006 21:05:28 +0000 http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-14 As long as god isn't making more land, the value of land won't drop very much, if any. In the past, including the depression, the value of houseing doesn't drop very much on the whole. Some housing markets may take a hit here or there, but not for long before thay climb back and past whatever loss thay had. In short, if your town is taking a hit, sit tight, it'll come back! As long as god isn’t making more land, the value of land won’t drop very much, if any. In the past, including the depression, the value of houseing doesn’t drop very much on the whole. Some housing markets may take a hit here or there, but not for long before thay climb back and past whatever loss thay had. In short, if your town is taking a hit, sit tight, it’ll come back!

]]> By: Larry Murr http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-11 Larry Murr Mon, 17 Jul 2006 17:09:07 +0000 http://www.qualifiedremodeler.com/interactive/2006/07/12/no-bubble-to-burst-on-remodeling/#comment-11 Thanks Pat--good info to have. Thanks Pat–good info to have.

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