After much thought I have decided to place the SRT up for sale… I have decided that I want a house and that would be a lot easer to do with the money pit that is my SRT gone… I have loved this car, but I guess it’s time to move on.

I’m starting out selling it as is. If that does not work then I think I’m going to put it back to stock and try it that way, and then finally if that does not work I’m not sure what I try next…

So tell your friends and family the way the car is now all it needs is a return fuel line and it’s ready for a big turbo… here is the FS link

I'm counting on you hores to keep that thing bumped

So does this mean that I’ll have to change my name will I no longer be SRT4HOKIE?

Getting older and growing up sucks…

 

house=bigger money pit then a car ever will.


but at least you get your money back if you do it right from a house....

 

Smart decision.

 

Intrest on a mortgage loan=tax deduction (a big one).
Intrest on a car loan=money wasted.

While buying a house can be a money pit if you end up with a POS house it also opens up a whole new world of possibilities. I was getting bent over by the feds in taxes since I have no dependants so I couldnt claim any extra deductions but after buying a house and claiming the intrest it almost doubled my fed tax refund. Also ppl fall all over themselves wanting to lend you money once you become a home owner which wasnt nearly as easy when I rented even with good credit.

Be smart about your home purchase and once youre settled in you can buy just about any car a mere mortal would want (lambo's and the like dont count ).

You have no idea... I may be an old fart but I refuse to mature .

 

"Growing old is manditory, growing up is optional"
this is what my dad says, and I agree 100%

hey it sucks that your losing your car but you moving on to something bigger and better(better toa certain extint lol)

 

Question, if you trip across a house that is valued at say 160K but because of a given situation it's going for 125K will banks ever do a consolidation of credit card debt onto the mortgage due to the insane positive equity?

 

While I dont think its technically called a "consolidation" loan there are several ways to pay those CCs off and incorporate it into a mortgage.

1. If youre credit is good then I believe you can finance a mortgage for more than the price of the house and use the extra to pay off the CCs.
2. After purchase refinance for appraised value and use the extra money to pay off the CCs (called "cashing out"). Be aware that you can get up side down in a house if you get too crazy with financing and be stuck in a house you cant sell because you owe more than its worth when the market dips.
3. Second mortgage and the intrest is tax deductable as well. This would be my second to last choice since its just an extra loan payment and ties up income.
4. Equity line of credit. Least favorite choice since its almost like a CC but is tied into your home. Even though the intrest rate is lower than a CC if you get into a bind financially they can forclose on your house and kick you to the curb.

While Im no mortgage expert the above is what Ive picked up from Mrs myclone who is a mortgage broker (shes the expert). If you have specific questions I can pass them along to her and she can prolly tell you what you need to know.

 

oh, no doubt. hence the reason i sold the wagon houses always get more money they you paid. unless you really fuck it up.

 

Look on the bright side... you still have a Civic to drive around!

 

Ooh, that's low man..