Bank will own my soul

Deathproof

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Joined
Dec 11, 2015
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I'm getting ready go $120,000 in debt
$85,000 on house $35,000 on land
House mom owns going purchase already living here
$6,200 down
$920 month that includes tax+insurance
Might get that payment lower because Mom has offered to pay the tax for the next year
The tax on it is high now because she has owned it several years and not lived in it that makes taxes go up
I can't really find a better deal and the homes across the street start at over a half million so I think the property value will remain high here
Some of the homes in the estates across the street go for several million dollars. Still it is very stressful thinking about going that far in debt but I don't want to move back to apartments and I don't want to live in a dump or rundown neighborhood
 
its cool that your going to own a home, nice yard, to bad you have to go into debt to have it though.
 
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