Talk of The Villages Florida - View Single Post - TV May 2022 Highs and Lows.
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Old 06-08-2022, 05:27 PM
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npwalters npwalters is offline
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Quote:
Originally Posted by Laker14 View Post
Gee, no. Somehow I got to be 70 years old and never understood the idea of a down payment. Thanks for explaining it to me.
I wasn't counting eating out and golf and "wife shopping" since that is immaterial to the process of buying a home. However, even if you count those things, 5K is 20% of 25K. Nice houses here abound for 25K, for sure.
Or, maybe he pays a few extra points and gets a 5% down mortgage, he can now buy a 100K home. Lots of those available in TV now as well.

Next time I need a life coach, I'll be sure to PM you.
I might need his number too. Feeling like I need some advice. lol
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