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Portrait of a Young Man as The Artist
abmann
abmann
Ghosting
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(Deleted comment)
abmann From: abmann Date: April 7th, 2008 03:17 am (UTC) (Link)
Uh. No duh?
assfingers From: assfingers Date: April 7th, 2008 04:04 pm (UTC) (Link)
the only reason we did an ARM is because it is fixed for 5 years and is so small that we'll pay it off before the "A" portion of the ARM comes into play.

Doing it that way allowed us to avoid mortgage insurance.
abmann From: abmann Date: April 7th, 2008 04:07 pm (UTC) (Link)
Wait, so if you pay a certain amount after 5 years you don't adjust? How does that work? Generally you're paying interest forever on the loan.
assfingers From: assfingers Date: April 7th, 2008 04:10 pm (UTC) (Link)
The ARM we have is fixed for 5 years; if it is paid in full by that time then the rate can't change. And this was I think just 5% of the total cost. First loan was 85 and we put 10 down. or something like that.
abmann From: abmann Date: April 7th, 2008 04:16 pm (UTC) (Link)
Oh, ok. Two loan, one of the adjustable. Pay off the loan, they can't adjust. gotcha. :)

What neighborhood are you two in again?
assfingers From: assfingers Date: April 7th, 2008 04:17 pm (UTC) (Link)
Heather Glen.

Don't buy a house there. We enjoy the empty lots on all sides.
abmann From: abmann Date: April 7th, 2008 04:31 pm (UTC) (Link)
Well, now I'm going to pitch a tent.
bizarre From: bizarre Date: April 7th, 2008 04:18 pm (UTC) (Link)
Heather Glen

Ours is Lot 102
http://veridianhomes.com/view_platmap.php?neighID=11

Edited at 2008-04-07 04:20 pm (UTC)
52 comments or Leave a comment