[UCGal]

And in the 1930’s a lot of people with large houses rented out rooms in them for income.

I just spent the weekend reading my grandmother’s diary from 1931-1933. It has her moving from a boarding house room, to a 3 room flat that was the top floor of a house (the owners lived downstairs). Jobs were tight, my grandfather was on the road for work much of the time…

It had a deja vu feeling to it. Mind you, my grandparents were both college educated and came from upper middle class to wealthy backgrounds.

If you don’t have enough income – you rent out rooms. If you don’t have enough income, you downsize your living accomodations.

I did a google map/street view of the places she rented – most are back to single family residences. But during the depression – they were boarding houses.

[UCGal]

And in the 1930’s a lot of people with large houses rented out rooms in them for income.

I just spent the weekend reading my grandmother’s diary from 1931-1933. It has her moving from a boarding house room, to a 3 room flat that was the top floor of a house (the owners lived downstairs). Jobs were tight, my grandfather was on the road for work much of the time…

It had a deja vu feeling to it. Mind you, my grandparents were both college educated and came from upper middle class to wealthy backgrounds.

If you don’t have enough income – you rent out rooms. If you don’t have enough income, you downsize your living accomodations.

I did a google map/street view of the places she rented – most are back to single family residences. But during the depression – they were boarding houses.

[UCGal]

And in the 1930’s a lot of people with large houses rented out rooms in them for income.

I just spent the weekend reading my grandmother’s diary from 1931-1933. It has her moving from a boarding house room, to a 3 room flat that was the top floor of a house (the owners lived downstairs). Jobs were tight, my grandfather was on the road for work much of the time…

It had a deja vu feeling to it. Mind you, my grandparents were both college educated and came from upper middle class to wealthy backgrounds.

If you don’t have enough income – you rent out rooms. If you don’t have enough income, you downsize your living accomodations.

I did a google map/street view of the places she rented – most are back to single family residences. But during the depression – they were boarding houses.

[UCGal]

You need to calculate the break even point where the lower payment has covered the added closing costs.

Then determine if you’ll be in the house longer than that.

If you think this is a “few years” home – it may not make sense to buy down the rate.

If you think this is a “forever” home – and your job is stable so there’s little chance you’ll be forced to relocate for work… etc.. Then it can make sense to buy down point.

Here is a whole list of calculators to play with.

http://www.google.com/search?hl=en&q=break+even+point+mortgage+points+calculator&aq=f&oq=&aqi=

[UCGal]

You need to calculate the break even point where the lower payment has covered the added closing costs.

Then determine if you’ll be in the house longer than that.

If you think this is a “few years” home – it may not make sense to buy down the rate.

If you think this is a “forever” home – and your job is stable so there’s little chance you’ll be forced to relocate for work… etc.. Then it can make sense to buy down point.

Here is a whole list of calculators to play with.

http://www.google.com/search?hl=en&q=break+even+point+mortgage+points+calculator&aq=f&oq=&aqi=

[UCGal]

You need to calculate the break even point where the lower payment has covered the added closing costs.

Then determine if you’ll be in the house longer than that.

If you think this is a “few years” home – it may not make sense to buy down the rate.

If you think this is a “forever” home – and your job is stable so there’s little chance you’ll be forced to relocate for work… etc.. Then it can make sense to buy down point.

Here is a whole list of calculators to play with.

http://www.google.com/search?hl=en&q=break+even+point+mortgage+points+calculator&aq=f&oq=&aqi=

[UCGal]

You need to calculate the break even point where the lower payment has covered the added closing costs.

Then determine if you’ll be in the house longer than that.

If you think this is a “few years” home – it may not make sense to buy down the rate.

If you think this is a “forever” home – and your job is stable so there’s little chance you’ll be forced to relocate for work… etc.. Then it can make sense to buy down point.

Here is a whole list of calculators to play with.

http://www.google.com/search?hl=en&q=break+even+point+mortgage+points+calculator&aq=f&oq=&aqi=

[UCGal]

You need to calculate the break even point where the lower payment has covered the added closing costs.

Then determine if you’ll be in the house longer than that.

If you think this is a “few years” home – it may not make sense to buy down the rate.

If you think this is a “forever” home – and your job is stable so there’s little chance you’ll be forced to relocate for work… etc.. Then it can make sense to buy down point.

Here is a whole list of calculators to play with.

http://www.google.com/search?hl=en&q=break+even+point+mortgage+points+calculator&aq=f&oq=&aqi=

[UCGal]

I *heart* Seth Green.

I think there are still plenty of people who aren’t aware of the proper way to handle their finances. I know several people who have massive credit debt and are unwilling to stop spending beyond their means. It may not be on their mortgage, but it’s still not financially sound.

[UCGal]

I *heart* Seth Green.

I think there are still plenty of people who aren’t aware of the proper way to handle their finances. I know several people who have massive credit debt and are unwilling to stop spending beyond their means. It may not be on their mortgage, but it’s still not financially sound.

[UCGal]

I *heart* Seth Green.

I think there are still plenty of people who aren’t aware of the proper way to handle their finances. I know several people who have massive credit debt and are unwilling to stop spending beyond their means. It may not be on their mortgage, but it’s still not financially sound.

[UCGal]

I *heart* Seth Green.

I think there are still plenty of people who aren’t aware of the proper way to handle their finances. I know several people who have massive credit debt and are unwilling to stop spending beyond their means. It may not be on their mortgage, but it’s still not financially sound.

[UCGal]

I *heart* Seth Green.

I think there are still plenty of people who aren’t aware of the proper way to handle their finances. I know several people who have massive credit debt and are unwilling to stop spending beyond their means. It may not be on their mortgage, but it’s still not financially sound.

[UCGal]

I just heard that HP’s facility in RB was hit last week.

[UCGal]

I just heard that HP’s facility in RB was hit last week.

[Author]

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