
06/18/04, 09:19 AM
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We're gettin' there!
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Join Date: Feb 2003
Location: NW TN
Posts: 938
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Thank you! We're soooooo excited! The house is in town  , but we're looking at this as an investement property for the next 5-6 years. We got it at a really good price, below appraised value, going to put a little bit of money into it, and after they reappraise this winter we should make a nice chunk of change to put down on some property out in the country. We didn't want a 30 year mortgage with payments that we could barely afford, so we opted for a smaller house that is still big enough to be very comfortable for us and is already in good shape, the life of the loan is only 10 years with no pentalty for early payoff, and in three years we'll be able to start making double payments to pay it off even quicker.
I don't want to bore you with all the details, but just wanted to let ya'll know that we finally own our own home. It's wonderful!
Heather
__________________
Hospitality consists of a little fire, a little food, and an immense quiet. - Ralph Waldo Emerson
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