Smith Lake Topics: A question for lake home buyer
(Smith Lake Specific)
2,155 messages
Updated 6/25/2024 8:47:10 AM
Lakes Online Forum
83,969 messages
Updated 9/20/2024 10:15:15 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Smith Lake Specific)
61 messages
Updated 11/13/2022 9:38:51 PM
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Smith Lake Photo Gallery
    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   cobra The author of this post is registered as a member - Email Member
Subject:   A question for lake home buyer
Date:   7/27/2006 7:18:31 PM

First I would like to know how a comman man can buy lake property if he has to buy today. I have looked into purchasing property on lake martin and I have come to the conclusion that I will never be able to afford . Here is my calculation
Loan amount: $800,000.00
Term (months): 240 months
Interest rate: 6%
Monthly payment: $5,731.45
Total Payments: $1,375,547.63
Interest paid: $575,547.63
Tell me who makes that kind of money other than doctors and lawyers and a few business owners?.
I will forcast that if lake martin real estate keeps with its current trend then comman working class people will have to take a second job in order to pay the taxes.
Other messages in this thread:View Entire Thread
A question for lake home buyer - cobra - 7/27/2006 7:18:31 PM
     A question for lake home buyer - ridgeman - 7/27/2006 7:45:35 PM
          A question for lake home buyer - cobra - 7/27/2006 8:22:12 PM
     A question for lake home buyer - JIM - 7/27/2006 7:46:55 PM
          Or - roswellric - 7/27/2006 7:54:46 PM
          JIM.....NADA! - noagenda - 7/27/2006 7:58:09 PM
               JIM.....NADA! - Edge - 7/28/2006 7:42:49 AM
     A question for lake home buyer - Feb - 7/27/2006 8:08:04 PM
          A question for lake home buyer - jawjagal - 7/27/2006 8:27:01 PM
          A question for lake home buyer - cobra - 7/27/2006 8:40:51 PM
               A question for lake home buyer - Feb - 7/27/2006 9:22:31 PM
                    A question for lake home buyer - cobra - 7/27/2006 9:50:31 PM
     A question for lake home buyer - Maverick - 7/27/2006 9:01:36 PM
     A question for lake home buyer - boataholic - 7/28/2006 6:50:52 AM
     A question for lake home buyer - CranBob - 7/28/2006 9:42:49 AM
     A question for lake home buyer - dagwood - 7/28/2006 11:25:47 AM
     to afford that type of home... - SandyCreekman - 7/28/2006 2:23:14 PM
          to afford that type of home... - boataholic - 7/28/2006 4:52:41 PM
               what about... - jawjagal - 7/28/2006 5:04:44 PM
                    what about... - ridgeman - 7/28/2006 6:53:30 PM
                    Wedowee and other lakes - AUCATZ - 7/29/2006 8:59:17 AM
                         Wedowee and other lakes - cobra - 7/29/2006 9:33:53 AM
                              Lakes have a pecking order - MotorMan - 7/30/2006 4:54:17 PM
                                   Lakes have a pecking order - Osms - 7/30/2006 8:18:09 PM
                                        Lakes have a pecking order - Feb - 7/30/2006 9:58:52 PM
                                             Lakes have a pecking order - MotorMan - 7/31/2006 6:22:52 AM
     A question for lake home buyer - BamaBob3 - 7/31/2006 10:02:48 AM
          A question for lake home buyer - Feb - 7/31/2006 10:20:48 AM
               A question for lake home buyer - Tallyman - 7/31/2006 2:31:47 PM
               A question for lake home buyer - BamaBob3 - 7/31/2006 4:31:41 PM
                    A question for lake home buyer - Feb - 7/31/2006 4:51:21 PM
                         we do not have for 2006. - Feb - 7/31/2006 4:58:14 PM
                         A question for lake home buyer - Maverick - 7/31/2006 6:23:21 PM
                              Thanks Maverick - Feb - 7/31/2006 7:32:50 PM
                                   Feb & Maverick - Osms - 7/31/2006 10:06:16 PM
                                        Feb & Maverick - Feb - 7/31/2006 10:29:49 PM
                                        OSMS - Maverick - 7/31/2006 10:34:23 PM
                                             Calculator Website - Maverick - 7/31/2006 10:35:34 PM
                                                  Thank You Sir, Its Now Marked - Feb - 7/31/2006 11:01:25 PM


Quick Links
Smith Lake News
Smith Lake Photos
Smith Lake Videos



About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
www.SmithLake.info
THE SMITH LAKE WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal