http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118186 David Mackey Fri, 17 Aug 2007 20:06:57 +0000 http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118186 I'm planning on using my equity loan to redo our bathroom - not for increasing the houses value, but for our use...since it is currently only a half bath (we have 1.5). I’m planning on using my equity loan to redo our bathroom – not for increasing the houses value, but for our use…since it is currently only a half bath (we have 1.5).

]]> http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118103 Personal Finance Guy Wed, 15 Aug 2007 23:05:53 +0000 http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118103 I agree. Home improvement that is outside of the necessities will not get a home owner any more money on their sales price. Prices are determined by comparable sales, and mostly the square footage of the house is important. However, nice remodeling does contribute to a quick sale. I agree. Home improvement that is outside of the necessities will not get a home owner any more money on their sales price. Prices are determined by comparable sales, and mostly the square footage of the house is important. However, nice remodeling does contribute to a quick sale.

]]> http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118092 ntguru Wed, 15 Aug 2007 16:45:00 +0000 http://www.consumerismcommentary.com/2007/08/15/seven-home-equity-tips-part-2-use-equity-to-build-assets/#comment-118092 I think one needs to be careful about holding out investment real estate as if it's guaranteed to not lose value and/or be at least cash flow neutral. Remember that leverage can be amazing when the leverage is on an asset increasing in value, but leverage works the other way if the asset decreases in value. In at least some major parts of the country home prices are indeed decreasing. I think one needs to be careful about holding out investment real estate as if it’s guaranteed to not lose value and/or be at least cash flow neutral. Remember that leverage can be amazing when the leverage is on an asset increasing in value, but leverage works the other way if the asset decreases in value. In at least some major parts of the country home prices are indeed decreasing.

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