Home equity loans

November 5th, 2009 | by admin |


Simple example of borrowing from equity to fuel consumption

Duration : 0:8:36



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  1. 18 Responses to “Home equity loans”

  2. By goldy1011 on Nov 5, 2009 | Reply

    wheres the first …
    wheres the first part of this….the website please…

  3. By TheG00dNews on Nov 5, 2009 | Reply

    Kingdom

    The …
    Kingdom

    The Kingdom of God is the expression of Jehovahs universal sovereignty toward his creatures, or the means used by him to express that sovereignty. This term is used particularly to designate the manifestation of Gods sovereignty through the royal government headed by his Son, Jesus Christ. Kingdom may refer to the rulership of the one anointed as King or to the earthly realm ruled by that heavenly government.

  4. By FilmBorne on Nov 5, 2009 | Reply

    Very sad…. this …
    Very sad…. this is country has turn into socialism. you can get bank loan those who scored A+ and B- in school. They check your school records.

  5. By DCNov on Nov 5, 2009 | Reply

    if you’re having …
    if you’re having problems getting a payday loan it’s because of your credit most likely, if your having problems and are interested in repairing your credit score write me. I can help raise it up 150 points legally.

  6. By iteslabot on Nov 5, 2009 | Reply

    That’s because you …
    That’s because you don’t ACTUALLY have that 1.5 mil yet, you have it when you sell the house

    Equity is the gap between the cost of your house when you bought it and the positive (more worth) value at a certain time, or when it gains value

    Therefore if you sell the house, you’d make enough money to pay off the bank and make some cash; but until then your house is STILL the banks; that’s why you take out a loan, your house isn’t yours until you pay it off including the equity;

  7. By Truthnadv1 on Nov 5, 2009 | Reply

    I really liked your …
    I really liked your video and your channel. to get your business exposed. I have a program that has boosted my business to the top of the internet. I promise this is not a mlm, pyramid scheme, or how to make money on ebay. Please take a look at my channel and videos, thanks can’t wait to hear from ya.
    Doug

  8. By slapcigar on Nov 5, 2009 | Reply

    Hey Joesteinbock… …
    Hey Joesteinbock….read again and stop being smart. He did start out by saying “i originally bought a house for one and a half mil. “

  9. By Peexter on Nov 5, 2009 | Reply

    If you have not …
    If you have not been able to get an auto loan I suggest you check out MoneyLoansCredit (.) com. It’s a site where people help others get money and loans.

  10. By davidmichael3d on Nov 5, 2009 | Reply

    These videos are …
    These videos are absolutely brilliant. Well done for noticing the recession in early 2008! Many economists only became sure of that in 2009.

  11. By ThatIsNotDeadWhich on Nov 5, 2009 | Reply

    Yes and no. …
    Yes and no. Assuming that the car is actually worth 100K, you’re right. But if you live in a reasonably densely populated city with a half-decent public transit system, chances are that the car isn’t worth the book value.

    In much of Scandinavia, for example, commuting by car is actually more expensive than commuting by train *just in terms of running costs* – which argubly makes the car an asset with a *negative* value in purely economic terms.

  12. By dontblamethemessenge on Nov 5, 2009 | Reply

    In the Netherlands …
    In the Netherlands they also have the option to get the “overvalue” of the house from the bank. So people could use that amount of money, not for holidays but only for improving the house.
    I have a house but i did not really understand the concept until this video, thanks for that.
    Luckily i did not use that “overvalue” because this overvalue will go down as the prices decrease of houses. So this overvalue is a kind of buffer for decreasing house prices.

  13. By machvis on Nov 5, 2009 | Reply

    Just a question Sal …
    Just a question Sal> If I bought a car than we should write the car in assets, in this case 100K and cash will decrease by 100K, So equity should stay the same. Am I wrong?

  14. By quitejaded on Nov 5, 2009 | Reply

    Its never too early …
    Its never too early to learn about managing your money.

    I just don’t really understand why you owe the bank 325k when its coming out of your house.

  15. By thetempun on Nov 5, 2009 | Reply

    Should I Be …
    Should I Be Watching This I’m fifteen ? But I NEED To Learn This.

  16. By joesteinbock on Nov 5, 2009 | Reply

    Hey strawman…. …
    Hey strawman….read and pay attention….
    He said he originally bought it for 1 million AND he said the 1.075 is an approximation.

  17. By nathanbanks on Nov 5, 2009 | Reply

    You originally …
    You originally bought a house for a million and a half dolalrs, and a year later, the value of the house went up to 1.5 million???? Im confused.

    Also 75% of 1.5 million is $1,125,000 not $1,075,000

  18. By khanacademy on Nov 5, 2009 | Reply

    You’re right. …
    You’re right. Although I wanted to show how home equity withdrawal made people feel rich and consume more. Education, for the most part, is an investment and, assuming the student is responsible, will generate a return.

  19. By gardiloo1 on Nov 5, 2009 | Reply

    I love these videos …
    I love these videos, very educational and true…but perhaps give some home owners a better wrap than people who will go on a 100K vacation…perhaps they spent it on education! The result is the same

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