COMPLETELY off-topic

Is it normal when you are buying your first home to think to yourself "OH MY GOD I'M GOING TO BE BROKE FOR THE NEXT 30 YEARS" the closer you get to your closing and after not having headaches for years suddenly having one every week? I'm just curious.

Well I had a simular feeling when I signed for my hummer... I thought to myself that I was going to go broke for the next 5 years(length of the finance) and so far its been true... I'm broke as a joke over it but still loving every minute of it heh!

Tell you what Mike...I've built myself 4 of my last 5 homes..Once you get past the first few years of ownership, start thinking of your house a s a huge saving account (equity) then the sting of a monthly payment never hurts as much..plus you'll reap the benifits at tax time too (god bless the schedule A)..So it' is the BEST investment for your future you can ever make.

Well, my sister-in-law has her own tax office and my wife works as her office manager, so that is going to come in VERY handy with the home ownership, considering said sister-in-law also closed on her first home last week. Also, the whole investment equity situation is the only thing keeping me sane. I'm already going to have about 50k in equity the day I close. The same-model home we are getting built has been selling for 50k more then ours on the market and we have the model that is a little higher grade then those. I also have a friend who's one of two specialties of law practice is real-estate, so he's been telling me about the rewards of tax time and home owndership. We are actually thinking about taking some of that equity and investing it in building another home right away and making some money. It depends how the market will get. I'm watching it very closely. Interest rates have fallen for 6 weeks straight, so that is also going to help, but so has the new home building market. It's all a teeter-tawter as always and i'm ready for the next swing up. So, why am I so stressed?

Relax. Being in debt is the American way.

That's funny you say that because I tell people that all the time, and when they ask me "Why did you buy a H3" I say "I'm contributing to the growth of the American economy"

LOL!!! I tell people that I'm trying to speed up the green house effect in order melt the polar ice caps so that we here in Pittsburgh can own beach front property.

SugarDaddy: This one's for you: (I do say that alot don't I?)

http://www.cnn.com/2006/TECH/science/09/05/environment.gore.reut/index.html

Mike I am going through the same thing as we speak! Actually I just closed on my mortgage last Monday and just got the funds in my bank today, good luck to you...bieng an adult sucks

Mike, when is your house going to be done? When is your house warming party? Dennis doesn't want to miss a party.

Cool ...that makes three here that should be having a House warming party soon...Besides, Cabo would be great for next years vacation..Otto, I'll be watching for the invites..Do you need a passport yet for Mexico? I didn't when I went to the Mayan Riviera for the last 5 years.

I'm running a house warming party the emtire month of September. Just brong a shovel when you come...that pool ain't gonna dig itself!

You're not gonna start with that pool business again, are you?

nah, I already signed the contract 30 grand of liquid heaven

I.K.: Did really take 4 hours and your hand falling off like I have been warned?

H24CABO: Well, we were supposed to close December 6th. We were a little optimistic since they started building a week early, but in the last 1 1/2 weeks there has been alot of rain so I'm not sure if that is going to set things back. Within 3 weeks they laid the foundation and already have the first floor framed. They start the second floor today.

As far as a house warming party, I'm not sure yet, but it would probably be in the middle of a snow storm considering where I'm living gets hit hard by snow and rain. Although, having a bunch of Hummers doing doughnuts in a cornfield would be kinda cool (too bad it wouldn't be my corn field.......)

I would love to have a little Hummer get together. Chicago isn't really a very exciting place to have a Hummer though. There is absolutely no off-roading anywhere unless you call running over potholes off-roadin. There is a big off-roading park about 90 minutes away in Indiana though......

Dennis: in Addition to your shovel, you can also bring your table saw, router, air compressor and air hammer, since I also need a fence built :) Oh, and don't forget the paint gun since you will also be spraying wood stain and sealant on the wood plats. It's ok, I hear it doesnt clog up too bad......

the closing in my case took one hour. Wasn't bad...alot of sign here initial there...kinda like buying your h3 was.

quote:

ORIGINAL: HummerGuy

I.K.: Did really take 4 hours and your hand falling off like I have been warned?
Dennis: in Addition to your shovel, you can also bring your table saw, router, air compressor and air hammer, since I also need a fence built :) Oh, and don't forget the paint gun since you will also be spraying wood stain and sealant on the wood plats. It's ok, I hear it doesnt clog up too bad......

Sounds like a little something from a Mark Twain story...surely you jest!

Who the hell is Mark Twain?

quote:

ORIGINAL: Dennis

Cool ...that makes three here that should be having a House warming party soon...Besides, Cabo would be great for next years vacation..Otto, I'll be watching for the invites..Do you need a passport yet for Mexico? I didn't when I went to the Mayan Riviera for the last 5 years.

You will need a passport to visit Mexico after November of this year....homeland security....I feel a lot safer knowing all the drunk tourists will have a passport!

He'll be too hyped on on that 5 pounds of Viagra to be considered drunk

Well one thing for sure..If I fall down, you still can use me for a sundial