New Home

It is now later. Where are the pix?
X2

Why do you automatically assume you will make 25k? What it is appraised at, and what it fetches on the open market are two different things.



May i add VERY different. Dont go by the appraisal. your best bet is to comp your house, which im sure they did when you purchased it. So go look at the comps, see what houses are selling for in the area per sq. ft, then multiply that by how big your house is and boom, you have a fairly close estimate if you were to sell today.

 
It is now later. Where are the pix?
i got a pic of the outside.. need to get the key to get pics of inside but you will see.. i dont ********.. give me a sec and i will post pic's of the outside.

Why do you automatically assume you will make 25k? What it is appraised at, and what it fetches on the open market are two different things.
the house was appraised by 3 diffrent places.. all came in at the 130,-125, mark.. sold it to me for 100,000 even... there for at LEAST 25,000

 
Congrads, I bought my first house when I was 22 as well and made a nice profit off it as I sold it two years ago. I did what you did and bought it for a lot less than what it was worth being it was my parents old house and made payments of 500 smacks a month for 4 plus years and then refianced it as I wanted to build onto it and put about 40k into it with new roof, windows, garage, cement driveway and all new landscaping and redoing the family/living room. I bought the house for 60k, then got it down to about 40k and refianced and took me back over 80k and payments were at 650 then, lol! But did it to make a profit, which turned out pretty well being I sold the house for 125k. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

Good luck and have fun!

I will be building my new home next summer. //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

 
can you buy a house without any credit and can you set what your mortgage is at?
LMAO....

No and no.

Well i guess you can "set" your mortgage. Figure out what monthly payment you can afford, then they should be able to tell you how much $$ you can get. But generally nowadays its pretty hard to get a loan anyway, so they arent going to loan you more then you can afford. Also, i believe 100% financing is gone, i lucked out on that one...

 
LMAO banks don't just approve on the spot for 100k mortgages //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
I smell ******** here.
Ya it took 4 weeks for me to close. //content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif

 
LMAO banks don't just approve on the spot for 100k mortgages //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif
I smell ******** here.
it's not a bank.. it's academy mortgage... and again. my mother's good friend owns the place..

and honestly i dunno why im explaneing this to you you ****!

 
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SethPhillips

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