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Subject:  Re: My Mom's Retirement Date:  6/2/2004  1:11 AM
Author:  Oracle10g Number:  41127 of 78165

My mom wrote:

Thanks Hak.............let me give you a little more information. I do have a 401K (about 2 years old) and the house has new kitchen, carpet, bathroom, vinyl, paint, electrical, plumbin - but it really does need siding to meet the comps in the area. Most of the area homes (in good to excellent shape) are selling for $ 90-95,000. But currently my house is in need of siding and possibly a new roof. I already have the siding and a new garage door (I didn't pay more than $300.00 for all of it). So far my monitary investment has been only $7,000.00 but the man hours I have invested is of course, much more than that - as most of the work I have done myself.

I do intend to reinvest a portion of the profit into another real estate venture. My mortgage broker has sugge