Would be smart if he had $59,000 somewhere right now. Instead he has a $18,000 truck that he paid $38,000 for with Equity money, a $2000 ATV, that he paid close to $5000 for, and a car that is worth maybe $8000, that was they paid close to $15,000. So, if the house doesnt sell, he's basically paying on a ATV, Car, and truck, for 25 years?????? I do not beleive using home equity to borrow against is a smart move unless you are desperate, or have an investment plan, that will get that mortgage payed back, quickly, with extra left over. Ussually people borrow against to live a lifestyle they can not afford. Just my opinion and current charge in the financial part of my life.
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Today's Featured Article - Tractor Operator Safety - Loader & Backhoe Operation - by Staff. Loader Operation Do not transport anyone in the loader bucket. Always carry the loader bucket low for maximum stability and visibility, whether the bucket is loaded or empty. Always use the recommended amount of counterweihting to ensure good stability. Be careful when handling large objects such as round bales, logs,
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