Re: [ Gen. Discussion ] Adolphus Avenue For Sale S

The Cliffside Park Message Board

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S

Posted By: Derek
Date: Tuesday, 13 June 2006, at 7:43 p.m.

In Response To: Re: [ Gen. Discussion ] Adolphus Avenue For Sale S (Grant Wood)

Grant,
You can save the $40,000 slowly even on a 50K take home salary, that's not the issue. The issue is making the monthly mortgage and taxes on 50K per year on a $400,000+ home.
The rule of thumb to a sound real estate investment is not too exceed 20% of take home pay in monthly mortgage and tax costs. So, yes, I agree with you that someone making 50K per year shouldn't buy a $400,000 home. They should be looking at homes between $275,000-$325,000 to play it safe.

Messages In This Thread

[Gen. Discussion] Adolphus Avenue For Sale Signs
McMansion Owner -- Wednesday, 7 June 2006, at 9:45 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Grant Wood -- Friday, 9 June 2006, at 6:32 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Saturday, 10 June 2006, at 9:47 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Saturday, 10 June 2006, at 10:57 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
jerseyangel -- Sunday, 11 June 2006, at 1:00 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Sunday, 11 June 2006, at 8:32 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Sunday, 11 June 2006, at 10:56 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Monday, 12 June 2006, at 1:04 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Monday, 12 June 2006, at 7:39 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Tuesday, 13 June 2006, at 10:40 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Grant Wood -- Tuesday, 13 June 2006, at 2:33 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Derek -- Tuesday, 13 June 2006, at 7:43 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Wednesday, 14 June 2006, at 9:32 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Wednesday, 14 June 2006, at 11:13 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
jerseyangel -- Monday, 12 June 2006, at 11:24 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Tuesday, 13 June 2006, at 12:30 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Tuesday, 13 June 2006, at 12:10 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Wednesday, 14 June 2006, at 12:20 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Cliffy -- Tuesday, 13 June 2006, at 10:29 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Wednesday, 14 June 2006, at 9:36 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Wednesday, 14 June 2006, at 4:36 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Grant Wood -- Thursday, 15 June 2006, at 6:40 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Hot East -- Thursday, 15 June 2006, at 3:44 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Thursday, 15 June 2006, at 11:37 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
McMansion Owner -- Thursday, 15 June 2006, at 11:34 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Grant Wood -- Wednesday, 14 June 2006, at 12:19 p.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Mark -- Thursday, 15 June 2006, at 7:55 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Landru -- Monday, 19 June 2006, at 8:12 a.m.

Re: [ Gen. Discussion ] Adolphus Avenue For Sale S
Fred -- Friday, 9 June 2006, at 8:19 a.m.

Post Response

Your Name:
Your E-Mail Address:
Subject:
Message:
If you'd like to include a link to another page with your message, please provide both the URL address and the title of the page:
Optional Link URL:
Optional Link Title:
If you'd like to include an image (picture) with your message, please provide the URL address of the image file:
Optional Image URL:
If necessary, enter your password below:
Password:
If you'd like e-mail notification of responses, please check this box:

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

Cliffside Park Message Board Discussion Forum is maintained by Cliffside Park Online with WebBBS 5.12.