We closed on our townhome on Friday; it was rather anti-climactic with e-signatures on documents and wire transfers, but we had the keys in hand at 10:00 AM. Purchased it outright. Cost $260,000.
Our rental property is now rented with tenants who signed a two-year lease. Monthly income is $1,650 before expenses. Owned outright. Value of that property is $278,000.
Current home going on the market within the next week. We anticipate $160K after mortgage and fees are paid.
We also have three in college this year. We are blessed that the youngest two are both on full scholarships at Wheaton College and Milwaukee School of Engineering, and the oldest is employed and able to pay for her own tuition.
Our money and budget is totally whacked with all that is going on right now, but its Budget Lockdown's Last Stand and smooth sailing is ahead.
Looking forward to being able to budget and make progress on some goals once its all simple.
Moving Forward and Paid Cash for a Townhome
September 8th, 2020 at 02:10 am
September 8th, 2020 at 12:57 pm 1599569820
September 8th, 2020 at 08:39 pm 1599597548
September 8th, 2020 at 11:00 pm 1599606034
September 9th, 2020 at 03:33 am 1599622399
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September 13th, 2020 at 06:59 pm 1600023577