Do you know your home’s value?
Chances are you don’t . . .
Even if you think you do.
Probably because you have visited one of those online home value websites . . . you entered your information . . . and it produced a value estimate of your home.
Most likely it is wrong.
I go through those reasons – and show you the best way to get a trustworthy home value in my special report, “How to Get Your Home Value” . . .
You can get your copy here.
Now there is a new website that claims it can provide you with your home value, and it can also help you spend your remaining home equity by borrowing against it.
See that here.
There is so much wrong with this concept it’s hard to know where to begin.
As I mentioned already, you can’t get an accurate home value from a website.
Computer algorithms cannot possibly account for every variable that goes into determining the real value of your home – certainly not like a real person can do.
Get my special report that shows you how to get an accurate home value.
This site tries to get you to borrow your remaining home equity.
This is so wrong.
It is moving in the exact opposite direction of where you want to go.
The 95% of people who fail financially would fall for the idea that they need to borrow the full amount of their home equity . . .
Continuing them down the path of financial failure.
The 5% of people who succeed financially know that they will achieve financial success by paying off their house completely, then taking that same money they were wasting on loan payments and invest it instead, potentially paying off that mortgage and all other debts usually in about 5-10 years on their current income.
That’s the path to true financial freedom!
This site directs you to shop for your mortgage based on interest rate and fees . . .
As I’ve discussed many times (see one here with links to more), this is the absolute worst way to get mortgage financing . . .
Yet most people believe that is how it should be done . . .
Because that is what they have been led to believe by the culture . . .
Remember, these are the people and a culture that is doomed to financial failure, the 95% of people who fail financially . . .
You will be wise to do the opposite.
So, don’t look for lenders to “compete for your business” based on interest rate and fees. That’s how you lose . . .
Instead, you need a real mortgage consultant who will still have competitive rates and fee . . .
And who will provide you with so much more value that can propel you toward being part of the 5% of people who succeed financially.
Here’s more about what to look for so you work with a real mortgage consultant, not a typical run-of-the-mill loan officer.
This site implies a heavy emphasis doing your mortgage online, either initially or throughout the process.
Doing your mortgage online without the critical guidance of a real mortgage consultant is another recipe for financial failure.
I have also discussed this extensively, see more here . . .
There you have four good reasons why the concept described in this article is not good for you . . .
In fact, the concept described in this article is a recipe for your financial failure . . .
The recipe for your financial success is simple . . .
Work with a real mortgage consultant, not a typical run-of-the-mill loan officer – here is how you can tell the difference . . .
Then make the wise choice for a real mortgage consultant.