Mortgage your house to buy Busses?

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Oct 18, 2001
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Well, kinda. My son who is in the home finance business talked me into refinancing, and I just found out that I have to take delivery of a $790 check because of estimated/actual differences in the payoff and closing costs.

So, do I take the money to Blade, or just apply it to principal on my next mortgage payment? Decisions, decisions.

Probably going to do the financially responsible thing, darn it. :grumpy:
 
As I have degrees in both Finance and Business, I feel qualified to tell you to cash it, and send it to me for safe keeping.

I will treat it with the fiduciary responsibility that it deserves.
 
MikeH said:
Well, kinda. My son who is in the home finance business talked me into refinancing, and I just found out that I have to take delivery of a $790 check because of estimated/actual differences in the payoff and closing costs.

So, do I take the money to Blade, or just apply it to principal on my next mortgage payment? Decisions, decisions.

Probably going to do the financially responsible thing, darn it. :grumpy:


Apply it back to your mortgage, $790 may not seem like a lot now but if you do a little here and there over years you can really save yourself thousands in interest. If you do just $100 extra a month for the next year you would have knocked off $1200 early, combine that and you are already almost at $2000 early.
 
Financial responsibility cuts into my knife budget. :grumpy: Not good. :mad:
 
Do the financially responsible thing.
 
If you're going to blade, I'd hang on to it a bit and see if anything 'catches your eye' (so to speak) over and above what you planned on spending. You may get to 'eyeball' a special fighter you really need.

If not, do the right thing and knock down the principal a bit. Really does save $$$.

Rob
 
Take it to blade, and if you don't find a must have toy put it toward the house. If you find a must have toy decide what is better: blade or shelter. We know you'll make the right decision.
 
does the wife know you are getting back $800??? if so your screwed if you spend it... if not, then the brothers at blade will never tell her..... :D
 
Nah. The wife is very supportive of my knife habit. She's the one who stands behind me at Blade and says, "If you don't get it now while it's available, you'll be sorry later." I should have listened to her last year on the Brend #5, she was right.
 
wetdog1911 said:
If you're going to blade, I'd hang on to it a bit and see if anything 'catches your eye' (so to speak) over and above what you planned on spending. You may get to 'eyeball' a special fighter you really need.
Har har :rolleyes:
 
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