House payment of $207 a month

[todpod]

Just good back from the bank, the house we are looking at will have a payment of $207, the house is only 48,000 though.

 

[Cobalt]

Facebook is that way -------->

 

[Drako]

Get a 15 or 10 year mortgage.

 

[ravana]

pics and listing or shens.

 

[Trey22]

City / State?

Mine was $32,500... but then I poured about double that into the money pit.

 

[Gibson486]

dam....that is like a car payment. If you cannot afford that, you did something horribly wrong...

 

[Sinsear]

pics and listing or shens.

This

 

[ViviTheMage]

Can't get shit around here for less then 150k.

and LOL, my car payment is 405..but that's only over 4 years @ 1.9%

 

[DrPizza]

Nothing wrong with taking out a 30 year, as long as you pay extra on it. You can still pay it off in 10 years or 15 years - whichever you decide - if you want to pay it off sooner.

Congrats on living in an affordable area.

 

[highland145]

$229 at 4% sans escrow 30years.
$355 for 15 years

 

[todpod]

private party so its not listed anywhere, clarion, pa but still is relatively cheap for the area. Timing is right as the family was looking to unload it.

 

[todpod]

Nothing wrong with taking out a 30 year, as long as you pay extra on it. You can still pay it off in 10 years or 15 years - whichever you decide - if you want to pay it off sooner.

Congrats on living in an affordable area.

This

 

[highland145]

private party so its not listed anywhere, clarion, pa but still is relatively cheap for the area. Timing is right as the family was looking to unload it.

nm reading retention fail.

 

[DrPizza]

To those calling shens, $48k can get a decent house in the Clarion, PA area. It's an affordable area of the country to live in.

 

[wiredspider]

pics and listing or shens.

$48k houses are hardly rare, heck there are houses for just $5k... funny that a house payment would be cheaper than the average car payment.

 

[Slew Foot]

Can't get shit for under $1,000,000 around here

 

[DrPizza]

$5k houses are in places no one would want to live!

 

[Gibson486]

In PA? I was thinking that it was in Birmingham, AL or something.....

 

[kami333]

$5k houses are in places no one would want to live!

Not sure I would want to live in Clarion either...

 

[Ns1]

I think my university parking lot is bigger than clarion

http://maps.google.com/maps?f=q&sou....212981,-79.382014&spn=0.020113,0.041199&z=15

 

[xSauronx]

I knew a guy when I lived in Kansas a few years ago...he had 2 houses outside of a small "town" (I use that word loosely in relation to Kansas). The army had moved an infantry division back to ft...whatever it is and he decided hed rent one out.

his mortgage for the *2* was something like $400, so he lived in one, and rented the other for enough to cover both his house payments

 

[GaryJohnson]

http://www.realtor.com/realestatean...enue_Clarion_PA_16214_M46687-33509?source=web

76 North 5th Avenue Clarion, PA 16214
$47,000
House Size 1024 sq ft
Year Built 1900
3bdr, 2bath, no garage

Something like that?

 

[SearchMaster]

I knew a guy when I lived in Kansas a few years ago...he had 2 houses outside of a small "town" (I use that word loosely in relation to Kansas). The army had moved an infantry division back to ft...whatever it is and he decided hed rent one out.

his mortgage for the *2* was something like $400, so he lived in one, and rented the other for enough to cover both his house payments

My wife rented an admittedly tiny house for $175/mo in KS, and had an option to purchase for $9,000.

 

[todpod]

http://www.realtor.com/realestatean...enue_Clarion_PA_16214_M46687-33509?source=web

76 North 5th Avenue Clarion, PA 16214
$47,000
House Size 1024 sq ft
Year Built 1900
3bdr, 2bath, no garage

Something like that?

Looked at that house pretty similar, would have to dump $20000+ to make that livable, this one i can live in in the condition that it is in.

 

[soulcougher73]

Congrats. Wish my mortgage was that low.