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(former)FormerSanDiegan
ParticipantCould Texas be the next Southern California!!?
No.
ParticipantCould Texas be the next Southern California!!?
No.
November 5, 2007 at 8:16 AM in reply to: Payoff Mortgage in 1/3 the time without doing anything different? #95809Participantn_s_r basically gave you the simple reason why this “program” works, at least in theory …
“Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.”
If you have a significant difference between your budget and expenses, you can pay it down more efficiently without the HELOC.
The problem is human nature. In any given month if your expenses exceed your budget it is REALLY EASY to cover those expenses with your HELOC thinking it’s a one-time thing. Having this happen a few months out of the year eats away at any progress the program gives you.
November 5, 2007 at 8:16 AM in reply to: Payoff Mortgage in 1/3 the time without doing anything different? #95868Participantn_s_r basically gave you the simple reason why this “program” works, at least in theory …
“Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.”
If you have a significant difference between your budget and expenses, you can pay it down more efficiently without the HELOC.
The problem is human nature. In any given month if your expenses exceed your budget it is REALLY EASY to cover those expenses with your HELOC thinking it’s a one-time thing. Having this happen a few months out of the year eats away at any progress the program gives you.
November 5, 2007 at 8:16 AM in reply to: Payoff Mortgage in 1/3 the time without doing anything different? #95877Participantn_s_r basically gave you the simple reason why this “program” works, at least in theory …
“Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.”
If you have a significant difference between your budget and expenses, you can pay it down more efficiently without the HELOC.
The problem is human nature. In any given month if your expenses exceed your budget it is REALLY EASY to cover those expenses with your HELOC thinking it’s a one-time thing. Having this happen a few months out of the year eats away at any progress the program gives you.
November 5, 2007 at 8:16 AM in reply to: Payoff Mortgage in 1/3 the time without doing anything different? #95883Participantn_s_r basically gave you the simple reason why this “program” works, at least in theory …
“Average Budget is disposable income used to “budget” and prepays the loan balance. It isn’t “spent” because they say it’s still available as HELOC.”
If you have a significant difference between your budget and expenses, you can pay it down more efficiently without the HELOC.
The problem is human nature. In any given month if your expenses exceed your budget it is REALLY EASY to cover those expenses with your HELOC thinking it’s a one-time thing. Having this happen a few months out of the year eats away at any progress the program gives you.
ParticipantYes, and at some point there will be “dummies” out there selling their houses at the exact bottom, just like there was in 1997. Transactions happen.
ParticipantYes, and at some point there will be “dummies” out there selling their houses at the exact bottom, just like there was in 1997. Transactions happen.
ParticipantYes, and at some point there will be “dummies” out there selling their houses at the exact bottom, just like there was in 1997. Transactions happen.
ParticipantYes, and at some point there will be “dummies” out there selling their houses at the exact bottom, just like there was in 1997. Transactions happen.
Participantdjrosb –
Yes, landscaping is expensive, but 300K for a SFR.
You could put the equivalent of 25 of your courtyards in for 300K at 12K a pop. Your example had 14 trees, so what does this house have ? 350 trees ?
Like I said … Avocado grove ? (tongue in cheek)Participantdjrosb –
Yes, landscaping is expensive, but 300K for a SFR.
You could put the equivalent of 25 of your courtyards in for 300K at 12K a pop. Your example had 14 trees, so what does this house have ? 350 trees ?
Like I said … Avocado grove ? (tongue in cheek)Participantdjrosb –
Yes, landscaping is expensive, but 300K for a SFR.
You could put the equivalent of 25 of your courtyards in for 300K at 12K a pop. Your example had 14 trees, so what does this house have ? 350 trees ?
Like I said … Avocado grove ? (tongue in cheek)Participantdjrosb –
Yes, landscaping is expensive, but 300K for a SFR.
You could put the equivalent of 25 of your courtyards in for 300K at 12K a pop. Your example had 14 trees, so what does this house have ? 350 trees ?
Like I said … Avocado grove ? (tongue in cheek) -
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