flickr blocked in China :: home :: Decluttering
* Wait for It....Wait for It... *
comments
Just found this article (from where I forgot), but it's a good article outlining the true costs of owning a house. It seems a little rough on the home owning experience, but I can tell you this...We've racked up quite the cash, 401K, and IRA hoard not to mention paying off both our cars and all revolving debt just inside of 5 years because we didn't buy a house.
Don't get me wrong, we got close to pulling the trigger a few times, but a chance meeting with an honest mortgage guy at the outset of the real estate boom kept us out of the housing fray. Basically he schooled me on why we could barely afford (at the time) a 400K place, let alone the 700K that was typical for a "normal house" (again at the time).
I believe the guy's name was Gabriel Bodner who is now with Countrywide. Just goes to show you that some mortgage guys are straight up good folks who look out for you and explain to you the ins and outs of what kind of crap you are about to step into before you actually sign on the dotted line.
Anyway, our current POR (plan of record)? Steady as she goes until 2009 or 2010 and build the continue building the cash hoard (I want to be able to say "20% down? How about 30%?").
Post Your Comments (scroll down). Jump back to archived comments or the top.
2008EuropeTrip
4815162342
AdobeIllustrator
AdobePhotoshop
AdobePremiere
AJAX
Amazon
Amtrak
Apple
AroundTown
ArtDesignPhoto
ASP.net
Backup
Berkeley
BlackFriday
Bloglines
BlogTech
Books
Buddhishm
Business
Camping
China
China2004
Cinema
Commute
CoolTechnology
CSS
Culture
Customers
DailyLife
DeepInCode
Diabetes
DIY
Drupal
EastBay
Education
Energy
Entertainment
EVDO
ExcelTips
F'edUpToys
FamilyandFriends
Fashion
FireFox
Flickr
FoodandDrink
Fraud
FreeStuff
Fun
Funny
Gallery
Games
GoogleDocs
Halloween
Hardware
Hawkers
HipsterPDA
HomeStuff
HongyunArt
HuntingBeauty
InfoViz
InterestingWebsites
InTheNews
iPhone
iPod
iTunes
Japanese
Javascript
Lego
LifeHacks
LinkedMe
Linux
LongTail
Mambo
Mapping
MBA
Microsoft
MobilePhones
MoneyMoneyMoney
MovableType
MSNSearch
MSNSpaces
MusicFromCommercials
Nintendo
OfTheDay
OpenOffice
OpenSource
Organizing
Origami
Outdoors
Outlook
Paypal
Phishing
PlugIn
Poker
Politics
PPC6700
PreFab
PSP
PVR
Rabbits
reBlog
ReverieSoundRevue
Robots
Ruby
SanDisk
SanFrancisco
SanFranisco
SansaConnect
Science
Shoes
SiliconValley
SiteUpdates
SmallWorld
Society
Sony
Spam
Spoof
SQL
StarWars
Stupid
Sustainable
Sustainale
TEDTalks
TestDrivenDevelopment
Thailand
Thailand2003-2004
Thanksgiving
Travel
Tshirts
Tutorial
Ubuntu
Vista
VisualStudio
Vlog
VroomVroom
WebDesign
Wii
Wiki
Windows
WindowsLive
Wireless
Xbox
Yahoo
YouTube
ZING
Zune
