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re: Will be totally debt free in about three weeks. Where to put extra $?

Posted on 1/8/13 at 10:57 am to
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 1/8/13 at 10:57 am to
If you want the land, and interest rates are near bottom, why would you wait? Also, factor in taxes/insurance/grass cutting? on the land for the time it is idle.

If you do purchase, then you can get someone to draw house plans, landscaping etc.
Posted by SLafourche07
Member since Feb 2008
9931 posts
Posted on 1/8/13 at 11:13 am to
quote:

If you want the land, and interest rates are near bottom, why would you wait?




quote:

But the rub is what if things change in 3 yrs? Job, the area, etc. It might just be smarter to wait.



He doesn't sound very resolute.
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