Archive for October 19th, 2008
19
Oct
Close call
About three months ago my father in law put his home up for sale. But before he actually sold the home he bought a two bedroom mini home. He did have six months of grace before he would have to pay a mortgage on the new home. But if he didn’t sell his old home he could have ended up paying two mortgages. Living on a fixed income at his age, this wouldn’t be a good thing. But he stopped by this morning and informed my husband and I that he has now sold his old home. So in a couple of months he will only own the one home and he won’t have to worry about finding the money to pay for two homes. Yay!
