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Originally Posted by Samoht
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Yeah, so valued, that you can argue on an Internet message board all day and not be missed.
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Yes.
Quote:
Originally Posted by Samoht
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That you love so much that you spent quality time with all evening... No, you were obsessing over Hasbinbad's every word and waiting on him to respond.
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Yes. Lucky for me, my kids are visiting family so I have the luxury. Thanks for your concern.
Quote:
Originally Posted by Samoht
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You don't own your home, your mortgage company does. You're probably in debt up to your eyeballs because of it, and it would take you more than 5 years salary dedicated 100% to paying it off to get out, but if you wish to call that success, go ahead. I'm still not envious.
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Thanks for the assumptions and concern about my finances. I'll go into a little detail for you as you don't seem to understand some things. First of all, sorry, not everyone wants to live in their parents basement. There is a concept I would suggest you look into called equity. For example, my homes current fair-market value is 365K, I owe probably 295K or so since I recently purchased (about 2 years). Even if I took a bath during a sale I would come out ahead due to equity. My payment is $2100 a month @ 4% (including taxes). Technically it would take me less than 2 years dedicated salary to pay it off. I bought after the market went down and got a 4% loan due to having established loan history (based on your previous comments you don't understand this either)
In spite of my mortgage and veritably no other real debt, I still find a way to put away about 1.5K a month into savings / etc.
Just out of curiosity, how much equity do you have in your parents basement?
Come back when you have some perspective and can discuss being a 'slave to the big banks'...