Suze Orman

If you sell your home in seven years, you still owe them almost everything you borrow, plus they made interest on it for the whole time.

So mortgages aren't quite as lucrative as one might think.

But in this particular case, I would invest that money given just what I think she can do with it.

She's young.

So we'll see what she thinks eight years from now.

And if eight years from now she decides, you know what?

I'm going to keep the house forever.

I like it here.

Just take whatever you invested and pay off the mortgage and you're done.

Good question, girlfriend.

And the answer to that is first do your trust and all the paperwork.

so that when you go to take out the HELOC, it will be in the name of the trust, which is how it should be.

So do the transference first for the trust and everything, and then do the HELOC.

HELOC opportunity, everybody, is not going to go away for some time.

All right.

Well, here's the thing.

What expertise does possibly a clerk require?

who works for the title company, who simply fills out paperwork and does, what the hell do they know about the wealth that these people have, the deeds that these people have, if these people are healthy or not?

What the hell does that person know?

And it's insulting.