equity: Exciting resurrection!
- 08/27/08 03:03 AM
I am so EXCITED to see this concept back in the marketplace! It doesn't take a rocket scientist to realize that this is an incredible way to: -- increase equity quickly -- reduce interest paid -- and have more cash available at any given time for emergencies or other investment opportunities ...all with no smoke or mirrors! Just simple mathematics at work here!
What is...ensemble?
en·sem·ble [ahn-sahm-buhl] "all the parts of a thing considered together" When you think of the word ensemble, what comes to mind? How wonderful it sounds when all the elements of an orchestra … (0 comments)
equity: Any experience with the "Mortgage Burner" concept?
- 06/11/08 07:09 AM
I was just wondering if anyone has had any experience using a concept known by several names, but most commonly called "mortgage burner" ? Generally what happens is that the borrower (usually in the event of joint borrowers, each individual would have their own) applies for and owns a permanent life insurance policy on themselves, atleast equal to the outstanding balance of the loan. Since it is a permanent plan, it builds a tax-deferred cash value (i.e. you can use Universal Life, Variable Universal Life, or even the good, old-fashioned Whole Life, although I personally have almost always used Universal Life exclusively namely because … (0 comments)
I am so EXCITED to see this concept back in the marketplace! It doesn't take a rocket scientist to realize that this is an incredible way to:;)
;)
