A few years ago my mother bought the house that we are living in now. Before that we lived in a townhouse that she bought in 1999 for 150 thousand dollars. When she sold it, she sold it in not perfect condition, a lot of stuff needed to be repaired, but it still sold for 250 thousand dollars. She had to pay off her mortgage, which she had down to nearly nothing because she did bad credit remortgages so that she could have a lower payment each month.
When we moved down here she went through a debt consolidation program to get all her credit cards in order and make sure she could afford one low month payment each month. She also doesn’t have a mortgage down here so that is helping her out a lot.
My father, which this may be the only time you will ever hear me speak of him, has numerous mortgages on his house and I don’t even know how many credit cards.
Can you tell which one I am going to take note of while paying back my debts?
I’m confused lol. But maybe because I’m not quite there yet with buying a house and everything and won’t be for awhile. Luckily there are programs out there that helped your mother
Haha yeah I’m pretty bad with finances and stuff like that, I suppose when I HAVE to understand it, I will. Let me guess though.. You’re going to follow your mom’s example? 🙂