Thread: Mortgage Time
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Old 03-12-2007, 01:59 PM
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Adam in CO Adam in CO is offline
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Default Re: Mortgage Time

Um, no. Please do not liquidate an appreciating asset to buy one that depreciates. While I am anti-home equity (it doesn't earn interest, and if you need your money you have to pay some schmuck like me to get it) I would recommend people liquidate and put it into at least a savings account. It will earn interest and when you need your money, walk into the bank and get it.
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