Oh snap! I just bought a house!

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Comments

  • Burnzy
    Burnzy Posts: 250
    edited November 2005
    WOW...CONGRATS!!! Very nice place, owning a home is a wonderful thing.
    SYSTEM
    HDTV ..........Sony KP-57WV600
    CD / DVD......Sony DVP-C675D
    AVR ............Denon 2801
    MAINS .........Polk RTi8
    CENTER .......Polk CSi5
    Surrounds ....Polk FXi3
    Sub ............Polk PSW-250
    Cables.........Zebra Cables
  • thehaens@cox.net
    thehaens@cox.net Posts: 1,012
    edited November 2005
    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
    Shizelbs Posts: 7,433
    edited November 2005
    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
    polkatese Posts: 6,767
    edited November 2005
    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...
    I am sorry, I have no opinion on the matter. I am sure you do. So, don't mind me, I just want to talk audio and pie.
  • danger boy
    danger boy Posts: 15,722
    edited November 2005
    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: :p



    glad you're in pal. Have a good Thanksgiving.
    PolkFest 2012, who's going>?
    Vancouver, Canada Sept 30th, 2012 - Madonna concert :cheesygrin:
  • reeltrouble1
    reeltrouble1 Posts: 9,312
    edited November 2005
    GGGGGGreat!!! Shelby home owning it the best.

    best wishes to both you and misses in your home.

    RT1