Quote:
Originally Posted by svandamme
Just in time, grandma's house is empty now...
it's the only warm place i knew when i grew up, so i migh go for that...
it'll require a mortgage, but realistically, it's better to get mortgage on a decent house with low interests,
that doesn't require me to stretch my budget as the mortgage would be about the same as my rent now,
better that , then to put it in a savings account at low interests,
or to get screwed over by banks and investor scum on the stock exchange....
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Good for you!
It is great you are considering buying your Grandma's place, nice to have a bit of history remain in the family...
I imagine it will need some redecorating.... Keep some cash free for that!
I have found that it is good to live in a house for a while so you can really get to know what it needs. You don't want to renovate the same house twice...
I have been debt free for almost a year now. No mortgage, no car payments.. I just need to be more disciplined to save more....