I Got Approved!

tpunx99GSX · 11-04-2003

today i got approved for $130K for a house!!!!
Im going to look at a nice townhouse tomarrow in oakdale, its 150K but im gonna see if the realitor will meet me halfway, then let the partys start WOO HOO. lol
By xmas ill have a new home!!!!
Tom :toast: :toast: :toast:

Jana · 11-04-2003

Congrats!!!

AJ · 11-04-2003

Oakdale. Make sure you get a place close to the bars!

tpunx99GSX · 11-04-2003

i think it is actually is. :cheers: its just off of 15th street, which is near shooters (?) or whatever the pool hall is.... Im thinking a huge dsmstyle house warming party will have to happen (that is if i get this one)

Jakey · 11-04-2003

Just out of curiosity what are the mortgage interest rates at now? Do you have a link to an online listing so we can see what you're looking at?

Jana · 11-04-2003

Oh, if you can afford this house, you can afford to pay AJ that $30 you owe him.

BuildADSM · 11-04-2003

tom how old are you? I was under the impression that you were like collage age about.

Jakey · 11-04-2003

Quote:

Originally posted by BuildADSM@Nov 4 2003, 07:19 PM
tom how old are you? I was under the impression that you were like collage age about.

I believe that Tom is 21.

BuildADSM · 11-04-2003

Quote:

Originally posted by Jakey+Nov 4 2003, 08:45 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Jakey @ Nov 4 2003, 08:45 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-BuildADSM@Nov 4 2003, 07:19 PM
tom how old are you? I was under the impression that you were like collage age about.

I believe that Tom is 21. [/b][/quote]
damn! and buying a house..... I am guessing that you arn't /didn't go to collage....still damn being able to buy a house at 21 congrats

tpunx99GSX · 11-05-2003

im 21, i currently go to college, i have a car payment, and i work at night, and i still owe aj the 30 bucks, its coming aj dont worry.

**Kracka** · 11-05-2003

I too am college-aged and have a house (21, got when 20). It's easy to make the mortage payment, just get some roomies to rent from ya.

ABV · 11-05-2003

Congrats. Looks like you're heading down the right road. Me, I was like... mmmmmmm credit cards.... mmmmmmmmm... I can own more than one car... mmmmmmmm... motorcycles... etc. I'm not saying that you can't have those things and buy a house, but they definitely hurt more than they help. Sure building credit is good, but too much fun stuff, and all of a sudden a house it out of the question. BTW, I'll give you this bit of advice. If you haven't started some kind of retirement account, then now is the time to do it. Even if you put a small amount in now into a 401k or IRA, you wouldn't believe how much it will help. Now is the time to do it, while time is on your side. If you put in $1,000 today, and did nothing else for the next 44 years, at 8% interest (which is realistic in the long term) you would have around $29,500!!! Of course you should put in more than that over time. TRUST me, it helps. If I Stopped putting money in my account today, I could retire at age 65 with half a million dollars. And I've only been putting money in for 3 years. As it is, I plan on retireing with well over a million.

Holy shit!!! I think I was just preaching. Sorry if it sounds like that, but I'm just making a point about investing. Anyway, congrats again on the house, that's a great investment. :bowdown"

Party at Tom's whenever he moves in.

A//// Guy · 11-05-2003

Quote:

Originally posted by TalonTSiDude@Nov 5 2003, 11:38 AM
I too am college-aged and have a house (21, got when 20). It's easy to make the mortage payment, just get some roomies to rent from ya.

Didnt your parental units help out on that one? :stick:

Enes · 11-05-2003

good job reverse boy... next time maybe you could contract someone to put your shifter in drive instead of reverse

11-05-2003

Quote:

Originally posted by EclipseTurbo@Nov 5 2003, 01:28 PM
Didnt your parental units help out on that one? :stick:

They helped with the downpayment on the house, which they are getting paid back to them through-out the year.

Jana · 11-05-2003

Did either of you (Tom or Chris) have parents that are co-signing? or just helping with downpayment?

I am just trying to understand how you (Tom) are approved for the same as me, and I have assests (savings, stocks, mutual funds, etc), very little debt when I bought, and probably make more than you....

Oh well, either way......owning is awesome and deserves a pat on the back!!

11-05-2003

My Dad cosigned for me.

Matt D. · 11-05-2003

Best thing about Oakdale is Damon's... Best damn sports bar ever!

Next to Joe Senser's, of course...

tpunx99GSX · 11-05-2003

neither, i have a loan approved on my credit alone and its accepted for no down payment.

Jana · 11-05-2003

So you had trouble getting a credit card, but no problems with a house? That's f*d up. lol

Just don't limit yourself to a certain area, I'm not sure if you are looking at existing or new, but keep your mind open. You may want to be closer to certain things, but will end up with a better house elsewhere....you know?

Good luck on the search!!!