Discussion in 'General Discussion' started by Angel Heart, Oct 6, 2008.
We just put in a bid on a house.... Got approved this morning for the loan.
Congrats----can you afford it ?
Well got a fixed rate of 6.00% for 30yrs on $150,000... When you figure in tax and insurance, it figures out to about what we currently pay on rent.
Hope you did the math yourself and didn't take anyones word for it.
Yup we did. We've been running numbers all weekend long. Making sure what we are getting is the best deal. We've had offers from several banks to look through.
It's now in the owners hands. As far as the details on the house. It's owned outright by the children of the couple that built it. They got it for $10 in 1996. It's all profit for them.
I'll be over this weekend to break it in. They'll be liquor, hookers and enough illicit drugs to kill an elephant. If things go right there may even be a donkey sighting.
Don't worry, I'll be gone in the morning so I won't be in the way of you cleaning up the joint. Don't want to be rude and all.
I knew the system wasn't as plugged up as Georgie and the boys were crying!
go for it...try to make payments every 2 weeks.....anything you pay ahead saves a ton of interest in the long run
Separate names with a comma.