9 Comments for Home Equity Loans

• 1. FilmBorne  |  August 30th, 2009 at 7:00 am

  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.

• 2. DCNov  |  August 30th, 2009 at 7:47 am

  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.

• 3. iteslabot  |  August 30th, 2009 at 8:22 am

  That’s because you don’t ACTUALLY have that 1.5 mil yet, you have it when you sell the houseEquity 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 valueTherefore 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;

• 4. Truthnadv1  |  August 30th, 2009 at 9:14 am

  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

• 5. slapcigar  |  August 30th, 2009 at 10:08 am

  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. “

• 6. Peexter  |  August 30th, 2009 at 10:36 am

  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.

• 7. davidmichael3d  |  August 30th, 2009 at 11:32 am

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

• 8. ZuberHKS  |  August 30th, 2009 at 12:16 pm

  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.

• 9. ThatIsNotDeadWhich  |  August 30th, 2009 at 12:34 pm

  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.

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