World Profits Bulletin Magazine - Issue V-1982

 

World Profits Bulletin Magazine COVER Page
FULL PAGE ADVERTISERS
How YOU Can Advertise
In This Magazine




Home Equity Loans – The Pitfalls Of Releasing The Equity In Your Home

House prices have been rising fast all over the UK over the last couple of years. Many people are experiencing a significant increase in their overall wealth as a result. In the United States, this has been termed the ‘wealth effect’ with an increase in the value of people’s homes being recognised as creating the confidence among consumers to borrow and spend more money and thus fuel the economy. The very same trends can be witnessed in the UK where people are using the equity in their homes to pay for more and more luxuries.

Basic Concept of Home Equity

The way this works is quite simple. Supposing you take out a one hundred per cent mortgage and buy a home for one hundred thousand pounds. Since you borrowed one hundred thousand, and spent one hundred thousand, you will have a net equity of zero, since your assets (the house) are equal to your debts (the mortgage). However, with increasing house prices, it is common for such a house to be worth say one hundred and fifty thousand pounds after a few years. This will now leave you with a positive equity of fifty thousand pounds, since you still only owe the bank one hundred thousand, or in fact probably less by now. You have increased your wealth by fifty thousand pounds without actually doing anything.

Unlocking the Equity

This extra wealth does not have to stay locked up in your house. What you can do is go to a bank, and ask them to lend you fifty thousand and secure it over the extra value in your home. If you do this, you will not have higher mortgage payments as the amount you owe the bank is higher, but you will also have fifty thousand pounds to spend as you wish.

Re-Invest In The Home?

You do not have to spend it all at once, but many people pay for home improvements or extensions with the money. This is generally a good idea, as since the debt is long term, you should spend it on something that will benefit you in the long term, and probably further increase the value of your home. Other people may spend the money on cars, shopping sprees and holidays, which may not be such a wise decision as you will be repaying the mortgage over the next twenty five years, but will have spend all of the money within a couple of months.

While the choice of how to spend the money rests with individuals, the fact of the matter is that more and more people are taking advantage of the equity in their home in this way.

Dangers of Home Equity Loans

Everything is rosy in the garden at the moment, but what would happen if you unlocked your equity, had the time of your life travelling around the world only to come back home to find that you have lost your job? In the example above you would not only be one hundred thousand pounds in debt, there would be another fifty thousand – the equity that you have just spent. This will result in increased mortgage payments that you will struggle to pay without any income.

The Housing Market Collapse

However, the most disturbing factor involved would be a change in the direction of the housing market. You may believe that your home is safe and can’t lose value in an economy that never stops growing, but it can. During the Eighties in the UK we witnessed just that. In the first few years a fantastic boom were everyone seemed to have money, times were good, then suddenly the interest rates begun to rise in an attempt by the Bank of England to curb spending. Mortgage repayments for almost every household in the UK also increased and people started to downsize their homes in an attempt to decrease their monthly payments. The housing market became static and prices fell, pushing peoples mortgages into negative equity.

Precautions in Home Equity Loans

What this article hopes to impose on you is that you should never rely on any outside factors for your home. As any Las Vegas gambler will tell you, never ‘gamble’ with a with things that you can’t afford to lose. If you are considering a home equity loan then you should use the money carefully, the optimum use (and most common) is to re-invest in your home, increasing its’ value.

You may freely reprint this article as long as the author bio and live links are left intact.




 

World Profits Bulletin Magazine
FULL PAGE ADVERTISERS

._0-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
0-D-WOOD.pdf
0-J-FANCY.pdf
0-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
00-AARON-BRYANY.pdf
00-Brite-Star.pdf
00-Brite-Star2.pdf
00-DEL-PILAR.pdf
00-E-Bynum.pdf
00-H-Clay.pdf
00-J-HURLEY.pdf
00-J-SMITH.pdf
00-Monique's Mail.pdf
00-R-Peterson.pdf
00-Wrightsco-com.pdf
00-d-nicholls.pdf
00-eMclvor.pdf
00-h-clay.pdf
00-j-orlando.pdf
00-j-skuse.pdf
00-jj-jones.pdf
00-l-domerson.pdf
00-l-gaines.pdf
00-m-bugarini.pdf
00-r-vandergrift.pdf
00-s-frescas.pdf
01-D-Foley.pdf
01-JCPatton.pdf
01-Slaton-Eison.pdf
1-WANT_TO_PURCHASE_MINERALS_&_OTHER_OIL_&_GAS_INTERESTS.pdf
88-BD-JOHNSON.pdf
88-D-Baker.pdf
88-J-SMITH.pdf
88-d-nicholls.pdf
88-h-clay.pdf
88-j-orlando.pdf
88-l-domerson.pdf
88-l-gaines.pdf
88-m-bugarini.pdf
88-s-frescas.pdf
99-A-Moore.pdf
99-E-Bynum.pdf
99-H-Clay.pdf
99-JC-Patton-Mail-Lists.pdf
99-Monique's Mail.pdf
99-R-Peterson.pdf
99-c-vandergrift.pdf
99-j-skuse.pdf
99-r-vandergrift.pdf
99-wrights.pdf
999-BROKER-BRITE-STAR-ENTERPRISES.pdf
999-Brite-Star.pdf
A-Moore.pdf
BD-JOHNSON.pdf
FRED-HINSTON.pdf
MAKE-MONEY.pdf
WANT_TO_PURCHASE_MINERALS_AND_OTHER_OIL_&_GAS_INTERESTS.pdf
Your-2018-ADSHEET-DIRECTORY1.pdf
c-vandergrift.pdf
sam-scruggs-21.pdf

 

WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201


Current Issue of 09/16/2019

WRIGHT'S HOT HOME PAGE!
www.chucksplace.biz/190w

We Help Others.
208 Ways To Save Money On
Food, Gas, Heating Bills, Taxes.
Only $5.00 Cash Or US Money Order.
WRIGHT"S
P.O. Box 1886
Horsham, PA 19044
215-833-9905
http://wrightsco.com

192


DISTRIBUTORS WANTED!
Make up to
$10,000 Monthly
GIVING AWAY
FREE PRESCRIPTION DISCOUNT CARDS

which save people up to 87% at over
54,000 pharmacies nationwide!
Send this ad and $1.00 to:
ALLIED CONSULTING
PO BOX 111124
AURORA, CO 80042
Attn: RxCut HIM-1

146


Exciting Magazine Worth Having
SHORE TO SHORE

Reliable service, Best of the Best
Offers, Info, Ad Specials!
Will you have the next
great issue!
One year subscription only
$20 + LSASE to:
Ed O'Blenis
POB 524164/Stadium
Bronx, NY 10452

61


SAVE 50%-70% ON NAME BRAND KIDSWEAR!

Blowout Clearance Sale On
Name-Brand Kidswear!
Save 50%-70% Off Retail!
Exclusive Time Limited Offer!
Log On
www.magickidsusa.com
Or Call
1-773-668-9483
For FREE Catalog.
Mention Code MK92933
For Huge Savings.

22


*HOW*
To Get One Million
People
To Send You $2.00

LEARN MY EASY METHOD!
Plus Receive Proof This Method Works.
Rush $2.00 & LSASE To:
R.L. Traylor
PO Box 3503
Gardena, CA 90247

119


HOW TO MAKE A MILLION DOLLARS!

Send $5.00 Cash + Your Name &
Address for my Five Page Plan.
It Works. Try It. Mail to: ALLEN
600- 18th. Ave. N # 217E, Minneapolis,MN 55411

70


Get Paid To Shop

www.myedgeco.com/shop/jp2829
www.sellbizopps.com/lists/jp2088
www.myedgeco.com/myshop/jp2829

127



80




75


FREE MAILING LIST!

> MICKEY PARKER <
413 S. MALLARD ST.
LAS VEGAS, NV 89107

149


$11,550 IN 90 DAYS OR LESS!
What Makes a Truly GREAT Program?

"Double Your Money Back Guarantee"!
Just for checking us out!
Visit Us Online At:
http://www.QuarterlyConnection.com

Sponsor: Eugene Schultz --- Code:WPIP

64


ATTENTION READERS

We have 10 Family Programs, a Program For Every Family Member, For Their Health And Financial Needs. Please send $10 Dollars To:
JAMES PHILLIPS
PO BOX 1006,
ALBANY,OR 97321
FROM OREGON -THE PACIFIC WONDERLAND STATE.

120


BUY DIRECTLY FROM "DIRECT" SOURCE!

VISIT OUR ONE-OF-A KIND WEBSITE
TO FIND SOME OF THE MOST POPULAR
AND SOUGHT-AFTER-PRODUCTS...
OFFERED TO THE PUBLIC AT
UNBELIEVABLE, WHOLESALE PRICES!
www.jcpattonbestdealsinternational.com

104


SALES PERSONNEL

to call on spas, beauty salons, beauty supply stores, boutiques, health clubs, etc. to introduce and sell Wild Rose personal care products. 40% commission on every case sold.
Send for info to:
SALES
PO BOX 303
RANDALLSTOWN, MD 21133

95


STOP WORRYING ABOUT MONEY!
Come to where the real money is....

Start Getting Paid $2,500 to $5,000 + WEEKLY!
No Selling, No Boss, No Online Marketing
Needed.
http://tinyurl.com/7utmvha

15


THRU 2016 - CRAFT SALE

Dozen pretty + unique X-mas Ornaments $8.Twin Size X-mas Afghan $35. Crochet Wall Plaques $7.Set of 2.

LILAC & LAVENDER
146 R.L. WHITEHEAD ROAD
SEYMOUR, TN 37865

117



170


The Mailbox Magic!
Receive Ad with YOU in #1.

Start by Mailing $10 to Each Member.
You will be in #2 & #4 in your recruit's Ads.
1. Daniel J. Bolton,10235 NE 2nd. Ave. #315
N.Miami, FL 33161
2. Cergine Cator, 1327 NE 125th. ST.
N. Miami, FL 33161
3. Akiko Frazier, 98-838B Kaonohi St.
Alea, HI 96701
4. Cergine Cator, 1327 NE 125th.
N.Miami, FL 33164

82


The Mailbox Magic!
Receive Ad with YOU in #1.

Start by Mailing $10 to Each Member.
You will be in #2 & #4 in your recruit's Ads.
1. Daniel J. Bolton,10235 NE 2nd. Ave. #315
N.Miami, FL 33161
2. Cergine Cator, 1327 NE 125th. ST.
N. Miami, FL 33161
3. Akiko Frazier, 98-838B Kaonohi St.
Alea, HI 96701
4. Cergine Cator, 1327 NE 125th.
N.Miami, FL 33164

82



167



160


OPPORTUNITY FOR BORROWERS FOR CAPITAL FUNDS

50,000 And Up.
Send Typewritten Letter Of Business,
How Loan Is To Be Repaid
And A LSASE To:
LEROY TAGGART
233-01 MENTONE AVE.
LAURELTON QUEENS, NY 11422

18


LEAD LIGHTNING FREE LEADS

Need Buyers? Brand New Marketing System Delivers Lightning Fast Leads and Commissions Daily. http://www.findleadseasy.biz
180


FREE OPPORTUNITY
HOMEOWNERS CUT MORTGAGE PAYMENTS!

www.themortgagemanager.org/aff/8203leroytaggart
www.themortgagemanager.biz/ 8203leroytaggart
Send LSASE To:
Leroy Taggart
23301 Mentone Ave.
Laurelton Queens, NY 11422

10




    


images_article



images_horiz_220x90



images_horiz_468x60



images_horiz_728x90



ad_images_mini



images_square

images_vert


World Profits Bulletin Magazine

World Profits Bulletin Magazine - COPYRIGHT © - ALL RIGHTS RESERVED