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mma: You owe me $3500... Pay up. - 05/23/08 01:26 PM
So, again, someone is TRYING to pick a fight about whether or not 'Mortgage Accelerator' programs are worth a penny, let alone $3500. I just wish that people would get off of the 'well, they make it sound so complicated- I must NEED the software' track and take a step back and THINK about what the whole concept is based on- ADDING MONEY TO YOUR MORTGAGE PAYMENTS!
This is what I wrote in response to this particular character, and I am re-posting so this topic gets more attention.
Let's see here....
$118,000 30 year fixed at 6%= 707/month.
Let's … (54 comments)
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mma: Mortgage Accelerator Scams - 05/08/08 09:05 AM
So, these have been popping up ALL OVER. People are trying to recruit real estate agents, mortgage brokers and even Bingo Ball cleaners to sell a software program that can 'help' people pay off their mortgages in record time.
This is my take:
If someone were to take every ounce of their paycheck, after taxes and basic expenses, and put it towards their mortgage- they would pay their mortgage off FAST. In fact, I would guess that they would pay it off just as fast as they would if they used this stupid program. Think about it though- instead of having ANY leverage … (12 comments)
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Jennifer Monastero
Danbury,
CT
More about me…
Polaris Funding Group
Cell Phone: (917) 340-9113
Email Me
Whatever I think about, I write about. Sometimes, it even makes sense!
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