Quote:
Originally Posted by el presidente
There can always be a downside:
1. You'll pay too much for the home.
2. Your interest rate will be killer.
3. All of the maintenance/upkeep, taxes, and insurance will now fall on your lap. Sorry to sound harsh, but if you can't afford a car, what makes you think you can afford a house?
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It was not that i could not afford the car, it was that i could not afford the $7500 repair bill plus the car. Those VW diesel engines are not cheap! Kinda like having to buy two cars and only getting one.
I know the interest rate will be killer. i have been paying the maintenance on the little stuff already. In fact she's not paid anything towards any repairs since i have lived there. Of course i have only had to have the plumber out three times and the AC technician twice. I've replaced all the bathroom fixtures, the kitchen fawcet and the disposer, and replaced the compressor in the outside AC unit, which turned out to be bad and had to be replaced again.
i don't want to have to move again anytime soon.