Description
Andy, why don’t you color there. Let me, if I can, pull this chair down. I’d like to have you both be able to see the figures on that last home so you’ll have something to consider. Now, first of all, I want to go over the financing with you. The total investment as l said earlier is $139,950. For figuring, I’m going to, with your permission, make it $140,000, which adds $50.00. It’s so small in the financing. So based on that, if you were to go with the 20% initial investment that would be $28,000. You would then have a first mortgage of $112,000. I think, based on your incomes and based on everything we’ve discussed, it’s an excellent home and I think you’d be making a very wise decision to own it. Buyer: Well, Tom we really didn’t want to spend any more than about $125,000 on a house. So this is a little high for us and I’m not too sure I want to go up that high.
Audio Info
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Speaker: Tom Hopkins