11-17-2005, 02:13 AM
NOS2Go4Me,Nov 16 2005, 11:12 AM Wrote:Yes, I know that. And when you need to do 10-20,000 in home repairs or upgrades and you have 50,000+ in equity, getting the cash is a snap. Just tack it back onto the mortgage. Done deal.
You're really anti-homeowner. I'm curious as to why.
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I own a house. It will be paid for in January. I would never take out a second mortgage or whatever to use my "equity". I don't like to live on a monthly payment plan. So adding more to the mortgage and paying it back three times over 25 years is not cool.
Plus I am not anti homeowner I am anti nos2go4me.
Prolly Is not a word