Posted on 01/04/2006 8:46:59 AM PST by Travis McGee
We're leaving SoCal for north FL for that reason.
Wow... keep in touch, I'd like to see how that works out. not that I really can move to FL, but Scarborough Country is an area of the country that we're looking at (I *gotta* get out of this hell that is San Diego)! But I have a LOT of considerations to make before we can jump on the train, ya know? Definitely wish you good luck... contact me offline, I can hook you up with a great mortage lender that will help you if you need it!
This will definitely put a crunch on things. More money going towards debt service will mean less for consumption, which (coupled with foreign goods and paper) is the only thing keeping the economy afloat. Don't worry though, Helicopter Commander Bernanke will come to the rescue.
BTW, have you seen what gold is doing lately? Even the gold bulls were expecting a short term consolidation down to $470 or lower, but it barely broke $500, and now it's back up to $530!
The latest fad takes it even further. Some loans are set up where you can skip some payments and thus accrue even more interest.
I have a fixed 5-1/2%. Arms never interested me, thank goodness.
Casa paid for in full.....no worries here ! There is that property , school, etc tax crap that keeps popping up every year though.......:o(
Yep, gold is looking strong, that's for sure!
Just tell the county, "I don't have any kids in your schools, so I'm going to skip paying that part of the millage."
I'm sure they will understand, and adjust your payment down accordingly.
I'm putting my money in investment grade tulips.>>>>>>>>>>>
I hear the real killing is in "Limited Edition" Barbie dolls! Can you believe I know a man who accumulated a room full of those a few years back? I haven't talked to him since the late nineties but in one of our last conversations he was very upset that Mattel had reissued some of the "Limited Editions". I am not a collector but my advice to him was to get into something that was not manufactured for the purpose of sale to collectors. He actually seemed to believe that he was going to retire by selling his Barbie collection.
The Chinese holding the loan?
Is that true? It sounds like a contradiction (interest only loans vs. pay off debt)
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