Need Some Advice

Reply Subscribe

Thread Tools

Search this Thread

08-27-2003, 11:27 AM

#21

fritzfry

Senior Member

Join Date: Feb 2003

Location: tallahassee, FL

Posts: 361

...house, for sure...

although correct about home equity loan or line of credit, I wouldn't do it unless you are disciplined financially and you immediately pay off any balances, and especially don't do it unless you're gonna cut up your credit cards 'cause it can fast get outta control.....so I've been told (cough!)[ahem!]...

fritz

08-27-2003, 11:39 AM

#22

75 Repu

Senior Member

Join Date: Aug 2002

Location: Mike is a Liar!

Posts: 4,848

Plus.. You can be certain you will have a safe place to keep your car once you do get it.. and you can kill anyone who tries to nab it if they are on your property..

08-27-2003, 11:49 AM

#23

UniqueTII

Senior Member

Join Date: Nov 2001

Location: Ames, IA

Posts: 4,773

Quote:

Originally Posted by SpecialT' date='Aug 27 2003, 11:27 AM

Well, 10,000 down is a good start!

Oh yeah...I forgot that I can't read...lol.

08-27-2003, 11:59 AM

#24

Nemesis

Senior Member

Join Date: Mar 2003

Location: ATX

Posts: 1,535

With interest rates down and home values in the toilet, now is an excellent time to purchase a home. When the market finally recovers you will have the equity in your home to do a home equity loan, if you choose to do so.