This is the original book on Mortgage Acceleration based on the Australian System . . . As Seen On NBC's Saving You Money . . . If You Are the Kind of Person Who Wants to BREAK FREE from your mortgage and finally get ahead financially in Life, then there is a solution that will set you FREE! I feel your pain. You've been to Wealth Creation seminars and workshops. You've listened to financial gurus on TV. You've scoured the shelves in bookstores for hours trying to find something that will answer the one question that has haunted you for years; Why do I still owe so much on my mortgage after so many years of making my payments and NOT where I want to be financially? You've done everything that you can . . . but there's still something holding you back. What is it? For years, countless homeowners all over the world, just like you, have asked this very same question. So what is the answer? The answer lies in cutting through all the smoke. And cutting through all the smoke is the hard part. In fact, if you're fed up with your never decreasing mortgage balance and not where you want to be financially, it likely has nothing to do with you because lenders have deliberately kept to themselves the powerful Mortgage Acceleration SECRET in this book. But all that is about to change. It's time to take a deep breath and relax. We're about to take aim at this confusion, blow away the smoke and make things as simple as possible for you to Own Your Home Years Sooner & Retire Debt FREE! Leading Financial Experts and publications including; -Personal Investment Magazine- and -The Sunday Times- have given Mr. Gill's Speed Equity Mortgage Acceleration System, as described in this book, rave reviews. To date, the Speed Equity Mortgage Acceleration System has been used by over 500,000 homeowners in eight different countries including Australia, New Zealand, Singapore, Malaysia, the UK, Canada, South Africa and the United States. He has been extensively interviewed on radio and television including being featured on NBC's - Saving You Money. If you are serious about Owning Your Home Years Sooner & Retiring Debt Free then you must get this book.
I scanned probably the first half of this book that was repetitive until I got to his big secret. There is a type of home loan that compounds interest differently and would save you a lot of interest money.
John Lawchamp’s Review: If you are looking to learn everything about the HELOC or PLOC, this is the book for you. The book starts off with some motivation on why you should pay off your home sooner and become debt free. After a couple of chapters we finally begin on the system, which is basically taking advantage of the HELOC (Home Equity Loan of Credit) that comes with lower interest rates than other loans because its backed by the value of your home. Once you understand the basics of the HELOC, the author, Harj shows you three different ways of using it to pay off your home. Of course, only one of them is actually imperative for Americans who can have a fixed interest rate unlike other countries. So if you take good advantage of this system we are talking about breaking years off your mortgage and saving at least over 80,000 on average on interest. However, there is a missing key to this system and that's the software that you need for your individual circumstance. The software costs over $2,400.00 dollars. So yes, there is a catch to the book. You learn about the system but you don't learn how to make it work for your own individual situation. So, please do not go get a HELOC just because you read this review. You actually have to know how to use it on your home to take advantage of it the proper way.
Must read for anyone looking to take control of their finances!
I have been really interested in velocity banking and how it could be applied. What better way than going back to where the concept began. The words in this book flow like you are having a conversation with your rich uncle. Subtle humor and sage wisdom sets the stage to be challenged and learn from people who have been there before you. It is very easy to read and follow along.
Since I am a numbers guy, I would love an advanced edition of this book where it goes deeper in the numbers and talk about strategies where you could leverage this system with Infinite Banking. Once you free up this cash flow, I would love ideas on where to turn next!
Designed to draw you in to seminars and to convince you to subscribe, for who knows how long and for how much $, the right to use their proprietary software. What a waste of $10 to buy the book. The book tells you little and reads like a testimonial to an infomercial.
This is the only plan I have read to pay off your mortgage quickly that doesn’t have a lot of risk (i.e. paying your whole mortgage off with a variable rate HELOC), but keeps your risk low and explains it very well! I am very grateful to have come across this book!
Harj Gill took a different approach to paying off your mortgage that I’ve never heard about until now. His concepts are interesting and he explains them in a clear, concise and blunt way. I will do this strategy.
This should be read by everyone who owns a home or plans on owning a home. Very simple way to understand interest and how it works and how to make it work in your favor. Easy, fast read with great information.