UnThreaded | Threaded | Whole Thread (27) | Ignore Thread Prev | Next
Author: CCSand Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127777  
Subject: Re: Homes & School Districts Date: 3/19/2004 1:29 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
sailrmac wrote:

Move out of San Jose. Use equity to buy a nice home, in a nice area, near things you like to do, with decent schools, for cash. Use remaining equity for investments: stocks, down payment on an apartment building in same area, etc. You stay home and raise the kids. Your hubby comes home at 5pm to play with them and retirees early if he wants to.

We're not in San Jose. We're actually already in one of the most expensive parts of the South Bay (hubby bought way before it became expensive). So it would be very easy for us to move somewhere else and have almost no mortgage. Even so, I don't think we'll have enough equity to be completely mortgage free, but it will be real close.

CCSand
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (27) | Ignore Thread Prev | Next

Announcements

Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement