BOB47 Posted July 19, 2006 Report Share Posted July 19, 2006 Congrats on the new house. Melvindale has some nice areas. Since you can affaord the payments easily, try dropping an extra $50-$100 a month into your payment. You'd be amazed how fast it adds up. Paid my 15 year mortgage off in a little over 9 years doing that. Now all I've got is insurance and taxes. As far as it being a numbers game. I know what Zippy is saying but if your $100,000 house appreciates to $150,000 over say 10 years it's going to cost $150,000 to buy something comparible. BUT if you spend $800-$900 a month renting after 10 years you have $0. Even if you put the payment difference in the bank every month (which most people won't), you still are not ahead because that $100,000 house now costs $150,000 to buy. Buying real estate is still the smartest move you can make 99.9% of the time. Enjoy! Link to comment Share on other sites More sharing options...
misterp Posted July 19, 2006 Report Share Posted July 19, 2006 Thanks for the support guys.... i truely aprecieate it. As far as the stress goes, this ones virtually stress free (as much as it can be), no realitor, no inspector, all appliances & furniture inclusive etc., the house is in Melvindale (nice area actually, where this ones at, damn near allen park anyway) but anywho... my great grandmother reciently passed away.... 93 years of age, she is def. in a better place now, and no longer in pain or suffering... and she more than anyone i know deserves more than anything to be in that place (only person i know of to have gone through two rosaries on account of WEAR!), anyway... this house... was hers, and now is left to her three children (my grandmother, my great aunt and my great uncle) they are selling the house to anyone in the family for 30,000 less than the appraised value... that being myself... and like i said "all inclusive"... not to meantion, being that i am able to purchase the house for less than the appraised value, i obtain equity automatically... which is a nice bonus...im excited... bottom line... it being this affordable, i still maintain the "living within my means" stature i like to keep.... the way i see it... reguardless the house, id be a fool to pass this deal by... no offense to anyone, but the way ive seen things... i would be wasting my money most definatly, living in an apartment (as of right now).... along side the affordable payment, i have a buddy of mine (life long friend) moving in and paying rent (he refuses to "free-load"), i see that as my cable bill amoungst other finances etc... i cant wait (to move my tool box on into the garage!!!) Sorry for your loss man. Post a pic of your tool box in its new home Mr. P. Link to comment Share on other sites More sharing options...
FuelSlut Posted July 19, 2006 Author Report Share Posted July 19, 2006 thanks a lot guys, thank you aswell mr. P, as i said before... she is at peace now... without a doubt in our minds, shes def. smiling down on me along with my great grandfather (the ONLY wrench/gear-head other than myself, that was in my family) Link to comment Share on other sites More sharing options...
misterp Posted July 19, 2006 Report Share Posted July 19, 2006 ...along with my great grandfather (the ONLY wrench/gear-head other than myself, that was in my family) That's cool; same story here, my dad's dad was the only other gearhead in the family. I'm sure your great grandad would have loved your truck. So, when's the all-nighter scare-the-neighbors multi-kegger open house?! Link to comment Share on other sites More sharing options...
ThePDB Posted July 19, 2006 Report Share Posted July 19, 2006 ...along with my great grandfather (the ONLY wrench/gear-head other than myself, that was in my family) That's cool; same story here, my dad's dad was the only other gearhead in the family. I'm sure your great grandad would have loved your truck. So, when's the all-nighter scare-the-neighbors multi-kegger open house?! <{POST_SNAPBACK}> yeah, you gotta do that! Let the neighbors know who the new kid in town is haha Link to comment Share on other sites More sharing options...
oscareltemblo Posted August 8, 2006 Report Share Posted August 8, 2006 Congrats on the house George you got a hell of a deal, when you movin in? Link to comment Share on other sites More sharing options...
FuelSlut Posted August 8, 2006 Author Report Share Posted August 8, 2006 hope to be in late this month, if all goes well... Irock financial got me at 5.125% on a 30yr. fixed... approved and ready... just waiting for my grandmother to gather up what she needs/is intitled to from the house Link to comment Share on other sites More sharing options...
detjoe Posted August 9, 2006 Report Share Posted August 9, 2006 Before you move in you should do any mods before you move in I can hook you up if there are hard wood floors in the house-this adds tons of value I also do ceramic tile-yes more value it is easier to do these big projects before you move in. PM me I can give you my # congrats later Link to comment Share on other sites More sharing options...
Stitches040 Posted August 9, 2006 Report Share Posted August 9, 2006 Great News FuelSlut!!!!! You will love to finally have your own place to do what you want!!!! BTW ... When is the house warming party???? Do I hear a SSS.com gathering???? Link to comment Share on other sites More sharing options...
FuelSlut Posted August 10, 2006 Author Report Share Posted August 10, 2006 thanks for the info Joe... help me with the house and ill teach you all i know aboot drag racing (free tenths off!!!) hmm.... SSS.com housewarming party.... $10 a head, i could make a killing!!! j/k however, not too shabby an idea thanks again for the support aswell guys, truely aprecieate it Link to comment Share on other sites More sharing options...
montanass Posted August 10, 2006 Report Share Posted August 10, 2006 sorry to hear about your G. Grandmother.... but I guess thats life.... Congrats on the house though... Link to comment Share on other sites More sharing options...
Posi12Bolt Posted August 10, 2006 Report Share Posted August 10, 2006 Hopefully next year I can too!! come on man, I got 2 houses for sale RIGHT NOW!!!! no realtors involved either! btw...congrats SLUT! ~Brian Link to comment Share on other sites More sharing options...
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