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    Is your family’s financial well-being and net worth relying too much on the value of your house? Are you feeling wealthier because the value of your home has increased significantly in the last few years or decade? Have you taken out a home equity loan recently? If your home’s value declined by 20% or 30%, would it wipe out your equity and have you scrambling to find enough just to keep your home?

    Consider the following scenario. If your house is valued at $300,000.00, and you currently have about $50,000 equity, and if the value dropped by 17%, it would entirely wipe out your equity. If, over the course of a

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    ecause the value of your home has increased significantly in the last few years or decade? Have you taken out a home equity loan recently? If your home’s value declined by 20% or 30%, would it wipe out your equity and have you scrambling to find enough just to keep your home?

    Consider the following scenario. If your house is valued at $300,000.00, and you currently have about $50,000 equity, and if the value dropped by 17%, it would entirely wipe out your equity. If, over the course of a

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    oan recently? If your home’s value declined by 20% or 30%, would it wipe out your equity and have you scrambling to find enough just to keep your home?

    Consider the following scenario. If your house is valued at $300,000.00, and you currently have about $50,000 equity, and if the value dropped by 17%, it would entirely wipe out your equity. If, over the course of a

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    Consider the following scenario. If your house is valued at $300,000.00, and you currently have about $50,000 equity, and if the value dropped by 17%, it would entirely wipe out your equity. If, over the course of a

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    have about $50,000 equity, and if the value dropped by 17%, it would entirely wipe out your equity. If, over the course of a year or two, the value dropped by 30 or 40%, (placing the value between $210,000 and $180,000) you could expect some visits from the loan company requiring you to infuse your loan account with money because the value of the house no longer covers the amount of your loan!

    How much debt do you have? At the end of the first quarter of 2005, the total interest-bearing debts in the U.S. had piled up to $37.3 TRILLION! Real estate is now the largest single debt category at $10

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