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Mark Yoshimoto Nemcoff

1 year ago

in how do you know what’s right? on jay martinez dot blog
Jay,

Here's my advice. Pay off your debt then get a Home Equity Loan to fix up your house. Rates are low for HELOC's everywhere plus you get a tremendous tax break. This way you can wait out the current downward real estate trend while building more equity into your house. Also once you pay off your debt, you will see a significant positive bounce in your credit score some 30-90 days afterwards which will help you get the best HELOC rate available to you.

While you never want to pay off your mortgage (for tax reasons), make paying off your debt the most important factor in your decision.

Best,
MYN

1 year ago

in how do you know what’s right? on jay martinez dot blog
Jay,

Here's my advice. Pay off your debt then get a Home Equity Loan to fix up your house. Rates are low for HELOC's everywhere plus you get a tremendous tax break. This way you can wait out the current downward real estate trend while building more equity into your house. Also once you pay off your debt, you will see a significant positive bounce in your credit score some 30-90 days afterwards which will help you get the best HELOC rate available to you.

While you never want to pay off your mortgage (for tax reasons), make paying off your debt the most important factor in your decision.

Best,
MYN

2 years ago

in Bum Rush the Charts statistics update - 9 AM ET on Financial Aid Podcast Weekly Internet Radio Show
WHY HASN'T APPLE UPDATED THE CHARTS IN OVER 24 HOURS?

2 years ago

in Christmas Giftcast Exchange on Financial Aid Podcast Weekly Internet Radio Show
I will so totally swap with you, CC. You do a Hellway and I'll dust off some sleepy lesbian guitar music.
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