Try joining: http://www.thelpa.com/

green14 said:germanpope said:green14 said:... Um, yeah. It's called a joke. Loosen up.

now now Green

isn't it kind of hypocritical to be putting red on other people's threads who are joking too

if you can't take the heat, get out of my kitchen


....

You weren't joking, you were being a douche to the OP for no reason. He's entitled to ask a question for advice, that's what this forum is here for. You don't need to give him the 3rd degree just because he didn't address every unnecessary detail that you want in his OP. His question didn't require that info and saved the rest of us the time of having to read it. You get red for being a douche.

Oh and congrats for not having paid rent in years. Sounds like there's a good chance you purchased your house before the bubble burst, so I guess the rest of us are suckers for renting while people like you are underwater on their mortgages. You do realize that a house is not an asset, it's a liability, right? Unless you are paying less in interest per month on your mortgage than you would on rent (also factor in property taxes, utilities, homeowners insurance, etc), or you can gaurantee that the difference would be made up by your house's value going up (not a safe bet in this economy.. and if your house devalues then you're REALLY screwed), then it's not more financially beneficial to own a house than to rent. The only way your house is EVER an asset and not a liability is if you are renting out a house that you own and you are bringing in more money than the mortgage. Yeah, fun fact. And if you are deadset on buying a house, I would personally take a 15 year mortgage vs a 30 year mortgage. It'll increase your monthly payments by 50%, but it'll also drop the interest (aka money down the toilet) you're paying on the house overall by 50% as well.. otherwise, on a 30 year loan you're going to be paying just as much in interest (or more!) as you paid for the house (and that's just on a 5% or lower APR)!

TL;DR