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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 07 Aug 2005 10:25:34 -0600 /

Author of the message: Randy Day

Title of the message:
Re: A buyer's hunt

Text of the message:
James Of Tucson wrote:

> "If you got what you wanted, the cost is
> secondary... "
>
> I compromised a bit, but, I'm satisfied with it.
>
> What I need to educate myself on next, is purely in the finance domain.
> I may be getting a lump sum from an unrelated deal, that I'd like to
> put into the house with the idea of, I guess, re-financing just to
> lower the monthly payments.  There's a threshold value where I could
> actually start thinking about semi-retirement, but I don't know how it
> works.
>
> Right now I'm just starting on a conventional loan, at 6.223%, which I
> feel lucky to get.  Payments are workable right now, with my current
> employment situation and so on, but if I could bring that down by
> throwing money at it, I'd have a lot of freedom for changing my current
> employment situation, making it possible to live with less money
> (intangible benefits, hopefully you understand where I'm coming from.)



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