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	<title>Comments on: Never, ever see your loan paid off</title>
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	<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/</link>
	<description>Helping readers to use bargains wisely since 2005</description>
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		<title>By: kimmy</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-51419</link>
		<dc:creator>kimmy</dc:creator>
		<pubDate>Mon, 14 May 2007 22:17:09 +0000</pubDate>
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		<description>hey, well whatever the matter we can be sure it will work out in the end.</description>
		<content:encoded><![CDATA[<p>hey, well whatever the matter we can be sure it will work out in the end.</p>
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		<title>By: ian</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-33826</link>
		<dc:creator>ian</dc:creator>
		<pubDate>Sat, 24 Feb 2007 10:10:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/#comment-33826</guid>
		<description>it only matters if you never pay off your mortgage if you have on property.  Anyway why are people so stressed about paying it off when 1 in 3 people get divorced.  Apart from this other circumstances like moving can impact on the repayment of the loan.</description>
		<content:encoded><![CDATA[<p>it only matters if you never pay off your mortgage if you have on property.  Anyway why are people so stressed about paying it off when 1 in 3 people get divorced.  Apart from this other circumstances like moving can impact on the repayment of the loan.</p>
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		<title>By: Fan of Don Lapre</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-21799</link>
		<dc:creator>Fan of Don Lapre</dc:creator>
		<pubDate>Sun, 24 Dec 2006 20:26:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/#comment-21799</guid>
		<description>&quot;Mort&quot; means DEATH in french and what does the &quot;gage&quot; mean?

Fan of Don Lapre
larisa@larisajoyreilly.com</description>
		<content:encoded><![CDATA[<p>&#8220;Mort&#8221; means DEATH in french and what does the &#8220;gage&#8221; mean?</p>
<p>Fan of Don Lapre<br />
<a href="mailto:larisa@larisajoyreilly.com">larisa@larisajoyreilly.com</a></p>
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		<title>By: Julie Ali</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-4000</link>
		<dc:creator>Julie Ali</dc:creator>
		<pubDate>Sun, 25 Jun 2006 19:59:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/#comment-4000</guid>
		<description>It never fails to amaze me what the bank pimps will do to market their product. A forty or fifty year mortgage is just an old prostitute loan dressed up as a young come hither fresh faced mortgage youngster.  Why do people take this bait and spend the rest of their lives in slavery? Perhaps they just like flushing money down the toilet?

It is far simpler to merely rent for five years, build up a 25% downpayment (take extra jobs if you have to in order to do this), buy something less than the Taj Mahal of your imagaination and then, once you are in your house, pay the pimp bank off as fast as you can.

Everyone seems to think that building equity in your own home and eventually owning your home free and clear is a stupid financial route to take. i don&#039;t believe this is the case.  For the average family with 1 or more adults working outside the home, paying off the mortgage eliminates their largest expense.  Once this bill is gone, you can save all that lovely lolly and put it into whatever investment vehicle you want to: you can be your own banker.  And your route to financial Nirvana will not be impeded by stupid interest fees.

In addition, while this route is rather a boring, placid, plodding sort of path that perhsps like the blood letting of the stock market, it is just an ideal financial path for harassed mothers and busy fathers.  You can concentrate on family life, enjoying the summer holidays, gardening, reading, writing and actually living.  You know, it is actually still possible to take this route and have a comfortable financial life.  We all do not need to have more and more money.  We just need to have enough.</description>
		<content:encoded><![CDATA[<p>It never fails to amaze me what the bank pimps will do to market their product. A forty or fifty year mortgage is just an old prostitute loan dressed up as a young come hither fresh faced mortgage youngster.  Why do people take this bait and spend the rest of their lives in slavery? Perhaps they just like flushing money down the toilet?</p>
<p>It is far simpler to merely rent for five years, build up a 25% downpayment (take extra jobs if you have to in order to do this), buy something less than the Taj Mahal of your imagaination and then, once you are in your house, pay the pimp bank off as fast as you can.</p>
<p>Everyone seems to think that building equity in your own home and eventually owning your home free and clear is a stupid financial route to take. i don&#8217;t believe this is the case.  For the average family with 1 or more adults working outside the home, paying off the mortgage eliminates their largest expense.  Once this bill is gone, you can save all that lovely lolly and put it into whatever investment vehicle you want to: you can be your own banker.  And your route to financial Nirvana will not be impeded by stupid interest fees.</p>
<p>In addition, while this route is rather a boring, placid, plodding sort of path that perhsps like the blood letting of the stock market, it is just an ideal financial path for harassed mothers and busy fathers.  You can concentrate on family life, enjoying the summer holidays, gardening, reading, writing and actually living.  You know, it is actually still possible to take this route and have a comfortable financial life.  We all do not need to have more and more money.  We just need to have enough.</p>
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		<title>By: Mortgage broker</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-3707</link>
		<dc:creator>Mortgage broker</dc:creator>
		<pubDate>Wed, 21 Jun 2006 19:39:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/#comment-3707</guid>
		<description>Great article! &lt;a href=&quot;http://www.mortgage-911.info&quot; rel=&quot;nofollow&quot;&gt;Mortgage. Find best mortgage rate and mortgage calculator.&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Great article! <a href="http://www.mortgage-911.info" rel="nofollow">Mortgage. Find best mortgage rate and mortgage calculator.</a></p>
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		<title>By: Free Money Finance</title>
		<link>http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/comment-page-1/#comment-3314</link>
		<dc:creator>Free Money Finance</dc:creator>
		<pubDate>Fri, 16 Jun 2006 10:31:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.mightybargainhunter.com/2006/06/13/never-ever-see-your-loan-paid-off/#comment-3314</guid>
		<description>&lt;strong&gt;Star Money Articles for the Week of June 12...&lt;/strong&gt;

Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: MightyBargainHunter details mortgages that outlive you. Five Cent Nickel loves Hampton Inn&#039;s 100% satisfaction guarantee. Blueprint for Financial Prosperity wa...</description>
		<content:encoded><![CDATA[<p><strong>Star Money Articles for the Week of June 12&#8230;</strong></p>
<p>Here are interesting posts and news this week from the MoneyBlogNetwork members and beyond: MightyBargainHunter details mortgages that outlive you. Five Cent Nickel loves Hampton Inn&#8217;s 100% satisfaction guarantee. Blueprint for Financial Prosperity wa&#8230;</p>
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