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If only, if only...Our mortgage alone is 2650.

Posted By: You've got it cheap. nm on 2005-12-01
In Reply to: What is the cost of your living expenses? sm - Poll

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i specifically refinanced my mortgage because my lender transferred my mortgage to a company
that offshores. Ironically, my NEW mortgage co. just transferred me back to the same company that offshores. I can't win.
You don't need a mortgage if you can't eat.
x
That is my mortgage payment alone - sm
Our expenses for the month are about 5-6K per month.
Knowing what my mortgage is....sm

truly keeps me motivated....the mortgage is HUGE....*bites nails* 


*lol*


mortgage shopping
Hi, this board is so helpful regarding so many different things, I thought I'd ask about my current dilema.  Just sold my home in SE New Mexico, moving to Albuquerque.  Obviously a site built home is the easiest one to get a mortgage for at low interest rates (I have excellent credit), but because of the cost I'm also looking at manufactured/mobile homes on their own land and in a park.  This is just for me and my dog, so I don't need anything large anyway. Does anyone have any advice regarding buying a modular/mobile home as I have never owned one before?  Thank you for any thoughts you might have regarding this.   
Put your name on the deed, just not the mortgage
talk to a good loan officer at a bank about the difference.
Info from 2 different mortgage officers.sm
I wasn't implying that you COULDN'T get approved, I was saying that your score would be higher with fewer open accounts, whether or not they were being used.
For most the mortgage/rent is the most expensive.

nm


 


About 50K in debt not counting mortgage. nm
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Website address is for mortgage co?nm
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The Mortgage-Lifter Tomato

A few years ago, I heard the story behind this great garden vegetable and did order some mortgage-lifter seeds from a catalog.


In the 1960s, a gentleman developed/raised mortgage-lifter tomatoes, selling them off for $1.00 each and sold enough to pay off his $6,000 mortgage.  Thus, he named them mortgage-lifters.


Granted, it's too late in the year to start this enterprise now, but selling seedlings to gardeners is one way to earn some extra money. 


I live in a rural area and do plant a small vegetable garden every year.  I start tomatoes from seeds, and usually end up with more plants than I need.  Most people I know do purchase seedlings; they don't start out with seeds.  My son and I have decided that we will sell seedlings (more than just tomatoes) next spring at a weekly yard sale in our front yard.


Mortgage-Lifter story is here:


http://www.loe.org/shows/segments.htm?programID=05-P13-00038&segmentID=8


 


My mortgage payment is nearly that much. Ten year loan.
 
Mortgage late payment question. sm
I have 18 months left on my 30 year mortgage, roughly 4K left.  If I don't pay my February 1st payment until March 2nd, is it likely they will demand the whole 4K immediately?  Just broke right now.   
ask the mortgage company to produce the note
Just heard about this tactic this week. Most mortgages have been sold and resold and if you ask them to produce the original note you signed on the mortgage most of the time they can't and it will buy you some time. Do a search on it.
Can deduct portion of mortgage, utilities.Equip
x
% of mortgage, water, electric, gas, trash pick-
x
My personal goal is when my mortgage is paid off by half - just 125K to go!
Then I will cut back to part time and let hubby carry me. :-) He makes lots more than I do now anyway.