To: Texas Eagle
Yep you own your house all right, just got laid off, your house's value went up and BAM your property taxes went up but instead of having a substantial cash or liquid reserve, ya gots zilch.
And you're worse off than if you took the longer "Oh no I'm a debt serf" approach.
80 posted on
06/02/2003 6:52:14 PM PDT by
Skywalk
To: Skywalk
Yep you own your house all right, just got laid off, your house's value went up and BAM your property taxes went up but instead of having a substantial cash or liquid reserve, ya gots zilch. I never said I was putting 100% of my income into my house payment. I simply said I was making the 15 year payments on a 30 year mortgage.
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