Monthly Archives: November 2005

Max Keiser : THE ORACLE January 23 2009 Pt 2of2

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max keiser us dollar g20 gold structured finance hank paulson jim rogers ron paul peter schiff us financial crisis the oracle January 23rd 2009 falling dollar amero debt Ponzi scheme creditors Bernanke fed interest rate Obama presidency Barack Neel Kashkari Wall Street Bailout Joe Biden new planet order global credit money peter schiff Commentary Analysis Documentary head bush Rush Limbaugh O’Reilly Peter Schiff have a supply of market fraud jim rogers don harrold

Is It Smart to Use a Home Equity Loan to Pay Off Car Loans, and a Line of Credit?

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home loans

My husband and I need to lower our monthly payments. We have no debt except a line of credit for $60,000 with the payment of $410 and two car loans both adding up to about $25,000 and the combined payment of $1050/mo. So, we are spending about $1400/month for these 3 things. If we got a loan for $110,000 and payed all these off, our payment at 6.6% would be around $700/month. Of course I would always pay more than that per month which would go to principle. Why isn’t this a excellent thing to do? I realize that being paid a new car would add to our payments once again. So, that would not be smart. Other than that, is this a smart thing to do? It seems like it is, but then why don’t more people do this?

Can a Mortgage Company Foreclose if They Are Getting Some Kind of Payment?

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mortgage

I am behind on mortgage payments and have someone that wants to rent the house terribly. They cannot pay the full mortgage payment every month but if I can send any type of payment to the mortgage can the company foreclose? They place of protection’t started pre-foreclure yet. What can I do?
No kidding…I am asking for help here not smart A#$ answers. We have questioned for a small sale and they are dragging there feet (going on 7 months). We are trying to avoid foreclosure but it seems they aren’t.