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To: brownsfan

"Never, ever borrow against your home, or roll debt into a mortgage unless it's your last option.

People want everything now. Kids who are 25 want a home bigger, newer and nice than mom and dad's house. The concept of a starter home is lost on most people now."


I don't think that's good general advice. THere's nothing wrong with taking a HELOC or 2 for home improvement, especially for a "starter home," which usually means "needs some work."


85 posted on 12/20/2006 10:03:36 AM PST by GovernmentIsTheProblem
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To: GovernmentIsTheProblem

It depends on why, what, and how often.


90 posted on 12/20/2006 10:21:39 AM PST by RockinRight (Barack Hussein Obama, Jr. He's a Socialist. And unqualified.)
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