Oh snap! I just bought a house!

Burnzy

WOW...CONGRATS!!! Very nice place, owning a home is a wonderful thing.

thehaens@cox.net

bknauss wrote:

On the flip side, if you string out your payments longer, and if you can invest that extra money well (get a better rate of return than the interest rate on the mortgage payments), then that's a good financial option also. )...

Good train of thought. Take the longest mortgage you can, and invest the difference in a mutual fund. Depending on your tax bracket, you may only be paying somewhere on the order of 4% on your 6% mortgage anyway. (Effectively after the write off) either way you go. Should be a sound investment for you, and that is a huge house. When I retire and sell my home in Southern Cali, that is exactly what I am going to do, get myself a big house somewhere east of here, (got to bypass the Phoenix area as the prices are getting high out there as well), maybe hit Dallas......

scott


Again, congrats...

Shizelbs

Alright, well, I am in and I have the essentials in place. Cable TV, internet, mattress on the floor and coffee maker hooked up. Its pretty much going to come to a crawl once the 2 channel is up and running.

polkatese

congrats, Shelby! sounds like you are up and running, I was able to ignore my HT/2 channels and go on HIFI hiatus for 7 years, before I get sucked in back into gear spending. Furniture were high on the agenda, once you passed that milestone, gears spending will come naturally...

danger boy

Shizelbs wrote:

Alright, well, I am in and I have the essentials in place. Cable TV, internet, mattress on the floor and coffee maker hooked up. Its pretty much going to come to a crawl once the 2 channel is up and running.

Ummmm Shelby did you forget one important thing here buddy?


Your wife? :eek:



glad you're in pal. Have a good Thanksgiving.

reeltrouble1

GGGGGGreat!!! Shelby home owning it the best.

best wishes to both you and misses in your home.

RT1