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Welcome to SportTrac.Org
Off Topic Discussion
Mortgage Questions
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<blockquote data-quote="Bill V" data-source="post: 767643" data-attributes="member: 54538"><p>Caymen, if you're so opposed to taking on debt, why are you considering buying now, anyway? If "the blanket statement that you are better off paying 5% and investing is better, is simply not true", then it would also be true that you're always better paying 100%. In which case, you really shouldn't even be considering buying until you've saved up enough to just pay cash for this house, and, for that matter, for your vehicles.</p><p></p><p></p><p></p><p>I'm not understanding why you're asking for mortgage advice, when you seem convinced that the only acceptable route is to not take out a mortgage or any other debt. Rightly or wrongly, you seem to already have in your head all the answers to any of your questions. What am I missing?</p></blockquote><p></p>
[QUOTE="Bill V, post: 767643, member: 54538"] Caymen, if you're so opposed to taking on debt, why are you considering buying now, anyway? If "the blanket statement that you are better off paying 5% and investing is better, is simply not true", then it would also be true that you're always better paying 100%. In which case, you really shouldn't even be considering buying until you've saved up enough to just pay cash for this house, and, for that matter, for your vehicles. I'm not understanding why you're asking for mortgage advice, when you seem convinced that the only acceptable route is to not take out a mortgage or any other debt. Rightly or wrongly, you seem to already have in your head all the answers to any of your questions. What am I missing? [/QUOTE]
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Off Topic Discussion
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