UPDATE
Well today was supposed to be looking at more houses but when we went in I told her we were very very interested in this one. Well we were sent to a local conventional mortgage company and were approved for the house in under an hour through Trustmark. Well now it is simply putting pen to paper. The interest rate did go up .50 points today so our interest would be 7.25 on 30 years. So what it looks like now is that we are going to talk very very seriously tonight...again this is something we planned on doing in the months to come not something that was supposed to happen overnight. Anyway where it stands is we are either going to make an offer on the house tomorrow or we are going to decide to see if we can find something a little cheaper. I personally think that this is the house we will end up with because it is perfect. I don't see a problem with affording the payments but we will see later after our discussion.
Okay moving to Florida, we probably won't. John was offered way too much money to stay here and it would just not be very smart to move. Even though I would LOVE LOVE to he just couldn't hope to have the money there that he is getting here now. It shouldn't have any effect whatsoever on our Orlando trips. As a matter of fact in the long and short run we will save a good bit of money. You have to realize that right now, John and I own a home and are making payments (and utilities), my mom owns a home making utility payments and my grandmother has an apartment and pays $500 in rent and more in utility payments....So we are taking 3 households and combining them into one. My mom owns her house and is planning on putting it on the market soon. As for our house we are simply asking for $2,000 equity and assume the mortgage payment. We really just want to walk away from it since its a mobile home and they are hard to sell. Okay thats long enough..LOL!
Link to the listing
Click Here
Well today was supposed to be looking at more houses but when we went in I told her we were very very interested in this one. Well we were sent to a local conventional mortgage company and were approved for the house in under an hour through Trustmark. Well now it is simply putting pen to paper. The interest rate did go up .50 points today so our interest would be 7.25 on 30 years. So what it looks like now is that we are going to talk very very seriously tonight...again this is something we planned on doing in the months to come not something that was supposed to happen overnight. Anyway where it stands is we are either going to make an offer on the house tomorrow or we are going to decide to see if we can find something a little cheaper. I personally think that this is the house we will end up with because it is perfect. I don't see a problem with affording the payments but we will see later after our discussion.
Okay moving to Florida, we probably won't. John was offered way too much money to stay here and it would just not be very smart to move. Even though I would LOVE LOVE to he just couldn't hope to have the money there that he is getting here now. It shouldn't have any effect whatsoever on our Orlando trips. As a matter of fact in the long and short run we will save a good bit of money. You have to realize that right now, John and I own a home and are making payments (and utilities), my mom owns a home making utility payments and my grandmother has an apartment and pays $500 in rent and more in utility payments....So we are taking 3 households and combining them into one. My mom owns her house and is planning on putting it on the market soon. As for our house we are simply asking for $2,000 equity and assume the mortgage payment. We really just want to walk away from it since its a mobile home and they are hard to sell. Okay thats long enough..LOL!
Link to the listing
Click Here