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Old 04-23-2013, 12:01 PM  
El Jefe El Jefe is offline
Don't tread on me.
 
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Join Date: Nov 2006
Location: Where the peaches grow
Casino cash: $9030572
Closed the deal on my first home!
Did not end up waiting for the short sale property we bid on a month or so ago. Ended up finding a better house/property with much nicer amenities for a lower price. Haggled with them over price, one two counter offers late and BAM "to the ship". Only issue I forsee is the barns were built in the 20's and some of the block is in rough shape, hopefully I can get them up quickly to get the chickens, turkeys, feeders and pigs in there!
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El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 04-23-2013, 06:28 PM   #31
mlyonsd mlyonsd is offline
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Awesome. You're living the dream. Congrats.
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Old 04-23-2013, 07:19 PM   #32
houstonwhodat houstonwhodat is offline
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Join Date: Nov 2012
Location: Parallel Universe
Casino cash: $10004900
Every year make 1 extra payment directly towards principle.

Your house will be paid off before you know it.

30 year note will end up being 17

15 year note will end up being 10
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Old 04-23-2013, 07:29 PM   #33
lewdog lewdog is offline
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Which room will the sex swing go into?

Please don't say the barn.
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Old 04-23-2013, 07:47 PM   #34
El Jefe El Jefe is offline
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Join Date: Nov 2006
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Quote:
Originally Posted by lewdog View Post
Which room will the sex swing go into?

Please don't say the barn.
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El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 04-23-2013, 07:48 PM   #35
El Jefe El Jefe is offline
Don't tread on me.
 
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Join Date: Nov 2006
Location: Where the peaches grow
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Quote:
Originally Posted by houstonwhodat View Post
Every year make 1 extra payment directly towards principle.

Your house will be paid off before you know it.

30 year note will end up being 17

15 year note will end up being 10
Thanks for that advice!
Posts: 8,540
El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.El Jefe Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
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Old 04-23-2013, 08:10 PM   #36
Pants Pants is offline
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Congrats, man. Living the dream.
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Old 04-23-2013, 09:27 PM   #37
houstonwhodat houstonwhodat is offline
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Originally Posted by El Jefe View Post
Thanks for that advice!
Yeah no joke.

On your payment coupon you will see an extra line item for any amounts you want to direct towards principle.

Every year if you have a tax refund allocate it to that.

All you're paying is interest for about 15-20 years.

You will kill that loan if you add extra to the principle.

Nothing like having a paid off home, you'll never be homeless. Maybe broke and unemployed, but not homeless.

Same concept works for car notes too.
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Old 04-23-2013, 09:29 PM   #38
AussieChiefsFan AussieChiefsFan is offline
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