no not you, your place is nice but i dont think its worth 795… even with a leaky ceiling lol… go with buying a small house sinister
Hey man more power to you.
I’m just saying for that price home with the current interest rates, somthing is not adding up if that payment has an escrow that pays the property taxes and applicable insurances.
Basically, simple math will show that a $75K - $80K house with a fixed interest rate between 5% to 7% , all wrapped up into a payment of $385/month (which a portion of that monthly payment goes into an escrow account to pay your yearly insurance, and property taxes) will be paid off in 30 years which is the maximum lenth of a mortgage.
I understand that you saw the paper work, all I’m telling you is to be careful and what could happen.
-Peace
buying is def > renting