Originally posted by Y2KSVT:
140K!!! YIKES!! That's a pretty healthy mortgage payment, especially for something that size. Or maybe you didn't spend that much and were just speaking in general. I purchased my house about 5 months ago. It was my grandparents house originally, my grandfather built it in 1961. He passed in 1983 and my grandmother just passed in April 2003. I got the house with a 2nd lot for about 25k UNDER asking price. Talk about free equity! My 980sq ft house with full size walkout basement is sitting on 1.3 acres, and I paid 65k 
Shows what a difference in location makes on property value.
Mark
I could have gotten my grandpas old house cheap too. But I didn't want an old 2 story monster. I'm in an older neighborhood away from "little mexico" as I like to call it.
My house wasn't 140K..that was about the max I could afford without lving on balogna on hand  yes i did pay over asking price,but if you are currently looking for a house you would understand the demand for houses now and the crazy asking prices out there. House values are going through the roof and us younger folks can't afford these crazy prices. It sucks my real estate agent(who also is my uncle)was saying the youth today have it really hard to get ainto a house. With some sweat equity this house I got will be a money maker. It's all an investment in the future to me.
06 GMC Sierra 2500HD Dmax/ally
06 Pontiac G6 GT
05 CRF250R
FOR SALE 06 KX65 with riding gear $2700 obo
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