Home Owners Advice

[Tangles]

well, for me....... Ive decided to try to hold out here for as long as possible. let the place increase in value - and I thank you all for your advice !

pretty much, Ive been happier the past month as Im now on a morphine-type drug 2x per day and its helped shed up to 50% of my pain on some days, and thats a big deal too. life is a little more manageable now if ya get what I mean. those who suffer chronic pain will understand that.

sad - we had a death in the family midyear, and the will was stuffed up, so that all cash went to the grandkids and property to her kids... lol she had dementia and didnt own property, so us grandkids got some cash.

thanks Gma - put just under 10k onto the home loan this month and that alone saves me like $50pm for the life on the loan in interest repayments, $1400 onto a GiGaNtOr brand recliner chair for me to be a bit more comfy and relaxed and support these knees, a little to the wife (gotta keep em happy, you hear!)

when the bike sells I can put another 7g onto the loan and bring it down to mid-80g's and perhaps grab a spa for my knees. maybe in the next 24months our house value will rise past 350k and we can look at getting outa debt then. see link for a top bike, lol

cheers all, great advice in this thread, thought Id just share my thoughts. I dont mind being honest and upfront with info. best luck 2 you all with your $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

brendan

Edited September 15, 2006 by Tangles

[Bl4cK32]

Im now on a morphine-type drug 2x per day and its helped shed up to 50% of my pain on some days, and thats a big deal too. life is a little more manageable now if ya get what I mean. those who suffer chronic pain will understand that.

Hey me too now Kills the pain nicely....for the most part....as u know Sorry to hear about the death in the family..

Edited September 15, 2006 by Bl4cK32

[Tangles]

Hey me too now Kills the pain nicely....for the most part....as u know Sorry to hear about the death in the family..

thanks mate, catches up with us all in the long run

hope you're going along all ok too -

man Im so glad I started buying a home when under 20yrs old. probably the best decision of my life I guess, soon enough I'll be able to sell (when worth while) and rebuy and be outa debt but still with a nice family sized home - then maybe I can scale back working days and the wife can work a few days a week... keep a normal 1person income coming in and bring up the family all happy-like :sorcerer:

all you need in life is bricks and mortar, and love (Im a dad!)

[Nightcrawler]

This is the point i was making in relation to the origional comment i quoted, but u said its a stupid / nieve thing to say...very contradictive there Nightcrawler. Sorry to bring it up again.

dude .... I qualified my statement by saying 'in the medium to long term', unlike you saying

Real estate never moves backwards....

which is a very definitive statement .... NEVER really means NEVER ffs

And, if you still don't get it, listen to other forum members (and this guy happens to own a numbers of homes fyi)

..... As for Bl4cK32's rant .... Andrews comment was correct, and he qualified himself with "(for short periods at least)" which is perhaps what you meant but didn’t state.

can you let it go now?

[Bl4cK32]

As I explained before - i was referring to :

Owning your own home outright sounds fantastic, but it's a bit like having $200,000 worth of shares in one company. You need to diversify a bit and protect yourself. If the housing market went down the shitter, all that money you've made will be lost again

does that sound like short term or long term?...i dont care what u or others say, as i know what i was referring to - this quote ^

I thought mods were supposed to set an exapmle. How about reading what people write on the forums, and not criticise others for their opinion, but rather ask for an explanation instead of calling stupid.

Edited September 15, 2006 by Bl4cK32

[kralster]

Ahh i think we can stop discussing it all now.

It seems as though everything has worked out for the best.

So thats it.

[mid life crisis]

owning ya home sounds fantastic . mate as someone who has paid off there morgage i can tell you it is bloody fantastic .its not just the extra money it free's up to do other things with investment toys wild woman what ever .it is the factor of the amount of stress it gets rid of as well no more worrying about if ya lose ya job will ya lose ya home ect ect .i would rather be freehold . than paying a morgage or even worse paying rent

cheers mid life crisis

[Tangles]

lol Dean too right; my view exactly. as we all know, it aint that easy. Unless you were born with a silver poon in your mouth (nothing wrong with that, good luck to whoever was), it take damn hard work, and a long time of committed ongoing efforts to reach your goal.

fact is if you plan on having a family you'll need 200k for a sa-metro home. depends on your personal-standards tho I guess.

sometimes you get lucky along the way, othertimes it all seems so hard. for me - well Im still plugging away, one day tho Im sure I'll reach breaking point, meh thats when I'll sell and changeover and getouta debt. bricks&mortar, wife&kids, and health are my 3 most important things in life

Edited September 17, 2006 by Tangles

[kralster]

Wish i was born with a silver POON in my mouth lol.

[mid life crisis]

i was reckon i was born with a boot in the arse .the olny silver i got come out of a spray can