Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Friday, April 22, 2005

MORTGAGE RISK . . . With house prices still rapidly increasing in many areas of the country, more than a few new buyers and homeowners are stretching their limits on original and home equity loans. While prices could continue to rise, there's no guarantee. If you haven't been through a down cycle, you don't know what to expect. Some buyers in the late 80's didn't see the price recover till the mid-90's. Some buyers in the peak of the 70's and 80's walked away from the house rather than continue to make mortgage payments on a property that had shrunk over 15% in value. Your home is just that. It's not an unlimited source of equity. Don't mortgage your home to invest in stocks or other risky ventures. Using a home equity loan to consolidate and eliminate credit card debt does make sense--but only if you don't start spending on those cards anew.


Blogger Natwho said... offers the lowest rate financing on debt consolidation What ever your financial situation, debt consolidation can help. We even have a special loan program that can put money in your pocket within 1 hour of applying. Apply online today and see just how quickly we can get you approved regardless of your past credit. Rates start as low as 4%, apply today.

2:11 AM  
Blogger billuk said...

Hey, you have a great blog here! I'm definitely going to bookmark you!
I have a united state bankruptcy court
site/blog. It pretty much covers united state bankruptcy court
related stuff.

Come and check it out if you get time :-)

2:14 PM  
Blogger Get-A-Free-House said...

How would you like to own a custom-built house at a 42% to 100% discount? Find out how today by visiting

9:10 AM  
Blogger David said...

For All Your Home Loan Needs Visit Our New home equity Site

11:06 PM  
Blogger Mortgage Center said...

Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a mortgage calc site/blog. It pretty much covers mortgage calc related stuff.

Come and check it out if you get time :-)

9:42 PM  
Blogger Credit Center said...

Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a credit cards for bad credit site/blog. It pretty much covers credit cards for bad credit related stuff.

Come and check it out if you get time :-)

11:47 PM  
Anonymous Debt Resources Services said...

With personal debt in the US at an unprecidented level, the good news is that help is at hand for those carrying the burden, in the form of the US Debt Help Manual, produced by the (PRWEB) October 2005__The US Debt Help Manual, produced by The Debt Counsellors. is a free, no_nonsense guide.
Debt Resources Services.

7:00 AM  
Anonymous joel said...

Debt elimination services can help consumers who have more debt than they can manage look into options of reducing or negating that debt. When searching for debt elimination, consumers should seek an agency that offers debt counselling and guidance based on an individual's unique circumstance.
debt help loan student
Debt Resources Services.

7:25 AM  
Blogger Paul Adams said...

I just came across your blog and wanted to
drop you a note telling you, Friend, how impressed I was with it.
I give you my best wishes for your future endeavors.
If you have a moment, please visit my site:
provident home equity loan
It covers provident home equity loan related contents.
All the best!

4:27 PM  
Anonymous Anonymous said...

hello ##name##. Living in CA , we are always looking for ways to save us some money on any home in the interest loans if you know of a website or relaible business that can help us, please let us interest loans

11:41 AM  
Blogger YourSimplerLife said...

Have you bee thinking about Debt consolidation loans a lot lately? Simplify your debt and simplify your life. Information about Debt consolidation loans here.

3:27 PM  
Blogger Debt Consolidation Refinance said...

Insightful blog but if you are looking for important information that could help you refinance your home check out http:\\ I was on Mortgage after bankruptcy looking for information about getting a bad credit mortgage in California when I discovered they offer a wide variety of services for people who are looking for a real estate loan whether it's a refinance or a purchase. At the very least, you can get a free credit report with FICO scores and if you need it, free credit repair. It's an awesome site with a lot of useful information which I highly recommend.

6:24 PM  
Anonymous No Deposit Bonus said...

One of your articles is good but other are average. Your blog is good anyway.
No Deposit Bonus
The player with the best poker hand wins the pot and if someone has an arrangement with the same value of a draw and a split pot.
Texas Holdem - playing ALL-IN and pool side.
If a player wants to raise at any stage of the hand of all the chips (money) you have, the ploy is called the entry "all-in" (for everything). To continue playing with it, the other players must compensate for such penetration. If the height of "all-in'a" is not that big and the rest of the players want to penetrate further into their midst, they form the so-called. pool side (English: side pot) that is not in the division will fall before the player entrant "all-in".
Texas Holdem Poker
If, during the showdown turns out that it was he who has the best hand wins the main pot on only (equivalent to its "all-in" multiplied by all the checks), a side pot to the player with the next system.
The above principle is very easy to remember and master even after a few hands. You can even do it now, by registering a free account at one of the casinos recommended by the portal below and playing without the stress of the free money or take part in one of the many free promotional tournaments (the freeroll).
Best of luck!
William Sargo
Full Tilt Link

3:17 AM  

Post a Comment

<< Home