GreekChat.com Forums  

Go Back   GreekChat.com Forums > General Chat Topics > Chit Chat
Register FAQ Community Calendar Today's Posts Search

Chit Chat The Chit Chat forum is for discussions that do not fit into the forum topics listed below.

» GC Stats
Members: 333,873
Threads: 115,761
Posts: 2,209,033
Welcome to our newest member, zasaacdarkz1210
» Online Users: 2,682
0 members and 2,682 guests
No Members online
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #4  
Old 04-13-2002, 03:36 PM
aephi alum aephi alum is offline
Moderator
 
Join Date: Jul 2001
Location: Crescent City
Posts: 10,074
If you know you're going to be there a few years, it might pay to get this house (it comes fully furnished, which will save you some $ - and it is a sweet deal) and finance it with an ARM or balloon mortgage rather than a straight 15 or 30 year fixed one. You'll get a lower interest rate for the first few years, and by the time the "balloon" kicks in, you may very well want to move anyway. You'll also get a nice break on your taxes, since you can deduct mortgage interest. The tradeoff, though, as James mentioned, is that you're somewhat locked down geographically for at least a few years.
__________________
AEΦ ... Multa Corda, Una Causa ... Celebrating Over 100 Years of Sisterhood
Have no place I can be since I found Serenity, but you can't take the sky from me...
Only those who risk going too far, find out how far they can go.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -4. The time now is 07:41 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.