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To: RobRoy

The Weisels avoided the extra cost of private mortgage insurance by getting a so-called 80/20 loan — two different loans that equal 100 percent financing.



so why didnt they buy a cheaper house???


18 posted on 12/04/2006 2:14:42 PM PST by LC HOGHEAD (ROPE .... TREE .... JOURNALIST .....some assembly required.)
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To: LC HOGHEAD
Every one wants to live in a safe neighborhood. At $278,000, the house was well over the national median but still less than half of what they would have paid for a comparable home in New York or California. What this story reminds me is life doesn't come with guarantees.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

23 posted on 12/04/2006 2:17:33 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: LC HOGHEAD
why didnt they buy a cheaper house???

They wanted to live beyond their means.

42 posted on 12/04/2006 2:36:44 PM PST by palmer (Money problems do not come from a lack of money, but from living an excessive, unrealistic lifestyle)
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To: LC HOGHEAD
...so why didn't they buy a cheaper house???

A ha!

Now you've gone and done it. You've made sense.

56 posted on 12/04/2006 3:38:15 PM PST by Petronski (I just love that woman.)
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To: LC HOGHEAD

Couldn't fit that 55 inch tv in a smaller house is my guess.


85 posted on 12/04/2006 8:16:25 PM PST by festus (The constitution may be flawed but its a whole lot better than what we have now.)
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