Mortgage Accelerator

[rob]

Hi,
I just discovered this site and read some of Julie Rains' articles. I am currently investigating various mortgage accelerator ideas and programs and would like feedback on the various options. Has anyone used Sydney Financial, United First Financial or Equity Genie? They all sound similar. The first two are $3,500 and the last is $1,900.
I have large mortgages and am very interested and motivated to pay them all off early!!!
I saw Julie Rains amortization schedule and it was very helpful. I was wondering the same thing that if you just applied the $3,500 fee and all disposable income how close could one come to accomplishing similar results without buying the program?
I still think the programs would be beneficial in that most of our financial pictures are more complecated than the example used. Plus, I think these programs provide a lot of financial guideance as to budgeting and how to optimally reverse the compunding interest that works against ever paying off debts.
But I think doing a spread sheet like Julie's first offers a better comparison to what these various products can really do. They always compare the worst case scenario of 30 years with no extra budgeting or payments.
I would like to contact Julie directly and have her analyze my financial situation and share the various products I am researching b/c if we can zero in on the bast option it will really help a ton of people improve their financial situation.

Thanks,
Rob

[Julie Rains]

Hi Rob, thanks for reading! I will be glad to help you -- though I am not really sure if the products are as helpful as they sound.

[rob]

Hi Julie,
Thanks for your reply. I have only briefly looked at the Wisebread web site so I am not that familar with it or your writings. But what I have seen so far is very intriguing.
I too come from a very financially focused family and have been involved in various aspects of financing and debt managment most of my life. I am very motivated to create more options for people to reclaim their financial power and it seems that these mortgage accelerator ideas are worth exploring. I agree with you that they may not be as great as they claim but would love to discuss with you the pros and cons and have you guide me on a specific comparison of managing myself verses utilizing their programs and see who wins!
Once I know which is best I have a ton of friends, contacts that would be very interested in paying down their debts ASAP!
Look forward to discussing further with you.
Is this the best method?

[Admin: I removed your info to protect your privacy. Go ahead and send Julie a private message if you like to contact her. Thanks!]

I am just north of San Francisco where are you?

Thanks,
Rov

[Julie Rains]

I should mention that I have created my posts based on information in MMA ads including detailed video segments but have not purchased the product to view its performance. From what I can gather (from my research and the comments to my posts), those who sell the product do an analysis of each client's financial situation, most likely to see if the person has the creditworthiness to get a HELOC and/or enough discretionary income being wasted that can then be applied to paying off debt.

[Hataish]

my website www.propertdir.com,which is below mentioned will help you about mortgage financing.

[gstrobl]

Hi Rob,

Don't waste $3500 on any of these programs. Do it yourself for free. The concepts are pretty basic and just take a little discipline. There a few books out there that explain the concept. The one I recommend (because of its price and availability) is "The Secret That Banks Fear" by Lisa, J Rosenberger.