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SVTPerformance's Chain of Restaurants
Road Side Pub
Stay or sell, home related
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<blockquote data-quote="jaxbusa" data-source="post: 16357620" data-attributes="member: 175253"><p>I understand your conundrum. My first house was a brick house on a golf course. I purchased it for $129,000 in 2003. I thought it was going to be my forever home. After 13 years in the house I realized the neighborhood and surrounding area was going downhill due to crime. My wife and I decided to move before it affected the value. So, two and a half years ago we purchased land and built. My wife and I were 36 starting over with a bigger mortgage. It was nerve-racking but totally worth it for us. I was looking at doing a 15 year mortgage because I couldn’t imagine paying on it until I’m 66 years old, but the bank explained the small difference in interest rates between 15 and 30 year loans. We ended up getting a 30 year mortgage to give us more flexibility. You can always pay it down early. </p><p></p><p></p><p>Sent from my iPhone using svtperformance.com</p></blockquote><p></p>
[QUOTE="jaxbusa, post: 16357620, member: 175253"] I understand your conundrum. My first house was a brick house on a golf course. I purchased it for $129,000 in 2003. I thought it was going to be my forever home. After 13 years in the house I realized the neighborhood and surrounding area was going downhill due to crime. My wife and I decided to move before it affected the value. So, two and a half years ago we purchased land and built. My wife and I were 36 starting over with a bigger mortgage. It was nerve-racking but totally worth it for us. I was looking at doing a 15 year mortgage because I couldn’t imagine paying on it until I’m 66 years old, but the bank explained the small difference in interest rates between 15 and 30 year loans. We ended up getting a 30 year mortgage to give us more flexibility. You can always pay it down early. Sent from my iPhone using svtperformance.com [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Stay or sell, home related
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