Comments on: Bad Moon Rising http://www.njcommercial-lending.com/blog/the-economy/bad-moon-rising/ New Jerseys source for commercial financing since 1995. Sat, 09 Feb 2008 21:55:33 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Lee Matthews -- Financial Concepts West http://www.njcommercial-lending.com/blog/the-economy/bad-moon-rising/comment-page-1/#comment-4 Lee Matthews -- Financial Concepts West Sat, 09 Feb 2008 21:55:33 +0000 http://www.njcommercial-lending.com/blog/the-economy/bad-moon-rising/#comment-4 "This insidious “Ponzi Scheme” was kept afloat by the fact that property values would continually rise allowing the borrowers to either refinance out before the rates reset or sell their property and payoff their mortgage. Once property values stopped rising this house of cards came crashing down around them." Folks with such potentially lethal mortgages should look into the advantages of home equity acceleration: More and more folks are using a Home Equity Line of Credit (HELOC) or a business-line-of-credit (BLOC) or personal-line-of-credit (PLOC) as an interest 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… “This insidious “Ponzi Scheme” was kept afloat by the fact that property values would continually rise allowing the borrowers to either refinance out before the rates reset or sell their property and payoff their mortgage. Once property values stopped rising this house of cards came crashing down around them.”

Folks with such potentially lethal mortgages should look into the advantages of home equity acceleration:

More and more folks are using a Home Equity Line of Credit (HELOC) or a business-line-of-credit (BLOC) or personal-line-of-credit (PLOC) as an interest 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…

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