Would be smart if he had $59,000 somewhere right now. Instead he has a $18,000 truck that he paid $38,000 for with Equity money, a $2000 ATV, that he paid close to $5000 for, and a car that is worth maybe $8000, that was they paid close to $15,000. So, if the house doesnt sell, he's basically paying on a ATV, Car, and truck, for 25 years?????? I do not beleive using home equity to borrow against is a smart move unless you are desperate, or have an investment plan, that will get that mortgage payed back, quickly, with extra left over. Ussually people borrow against to live a lifestyle they can not afford. Just my opinion and current charge in the financial part of my life.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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